Honduras: Increase in Tax Supervisory Pressure

An announcement has been made that greater control will be exerted in verifying payments of income taxes by large taxpayers.

Friday, April 25, 2014

Due to the decline in revenue from income tax and irregularities in the internal collection agency, the Directorate of Revenue has announced it will increase controls on businesses.

In an article on Latribuna.hn Miriam Guzman, head of the institution, "emphasized that the auditing by the DEI, will not decrease, while at the same time business owners are being invited to "avoid having to be objects in criminal prosecutions led by the relevant authorities."

"In terms of intervention, made the Large Taxpayers Department, it has not been ruled out that the timeframe of 45 days to carry out an investigation and present a report, could be expanded."



More on this topic

Costa Rica: Offshore Tax Profits

June 2016

The Government is once again bringing to the table the concept of global income, to force tax residents in the country to declare and pay taxes on profits earned abroad.

The Ministry of Finance has announced that "... they are working on a substitute text to a reform of income tax, which would mean a profound change to the initiative which is in Congress."This proposal is for tax any income generated from commercial activities outside of Costa Rica, by those tax residents who stay at least 183 days a year in the country.

Taxes in Costa Rica: More Collection Pressure

April 2014

The new government has announced that it will focus on controlling evasion by large taxpayers, professionals and payment of sales tax.

The Citizen Action Party of President-elect Luis Guillermo Solís, is working on a proposal to stop tax evasion, focusing on what are considered the three main evaders: large companies, independent professionals and those who do not pay sales tax.

Honduras: Businessmen Resist Anti Evasion Law

June 2012

The Honduran Council of Private Enterprise says that reform of the Law on Income Tax is unconstitutional because it is confiscatory.

An article in Elheraldo.hn reports that "The Honduran Council of Private Enterprise (COHEP) argues that legislative approval of the Evasion Measures Act to income tax is unconstitutional, confiscatory and violates a judgment of the Supreme Court dated February 1, 2012. "

Guatemala Reports Record Revenue Collection

January 2012

The Superintendency of Tax Administration of Guatemala has reported revenues of Q10 billion ($ 1.27 billion) in 2011, a record in the collection of income tax.

Revenues for the payment of income tax (ISR) totaled about Q10 billion ($ 1.27 billion), in 2011 according to the Superintendency of Tax Administration of Guatemala (SAT).

 close (x)

Receive more news about Taxes

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Tailor made software for construction companies

O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Dec 4)
Brent Crude Oil
49.570
Coffee "C"
120.05
Gold
1,843
Silver
24.26