International Tender for Consultancy on Fiscal Management

Confirmation has been given in Guatemala of a tender for consulting services to improve tax collection which will be launched before the end of 2014.

Monday, June 16, 2014

Although Rodrigo Montufar, chief of the Superintendency of Tax Administration (SAT) of Guatemala ".... did not specify the date on which the contest might open, he estimated that next year they will have a contract with the respective company because it is an obligation of the Board to ensure that the taxation target is reached," reported S21.com.gt".

"...he added that the goals to be set with the foreign consultancy have not yet been defined, but there needs to be more regarding the vegetative state of growth of the economy.

"...It will be a public tender without any bias benefiting any particular company. The service will be used to train SAT staff for which reason there will not be any intervention in the functions of the Tax Administration but rather it will be like any other computer support given to help them fulfill their duties. "

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U Turn in Tender for Tax Consultancy

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The board of the Tax Administration has decided to terminate the tender process which had been proposed for obtaining a contract for external consultancy on how to increase revenues.

Days after announcing an interest in convening an international tender for consultancy services to improve fiscal management, the board of the Superintendency of Tax Administration (SAT) has reversed the decision.

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Instead of contracting international consulting company through a tender it has been proposed that the SAT should turn to the Inter-American Center of Tax Administrations and other lower-cost options.

Experts on tax matters in Guatemala are looking for alternatives to the government's proposal to hold an international competition for services for fiscal management, with one of the first suggestions being, "...

Cost of Tax Consultancy for Guatemala

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Tax authorities estimate that tax revenues could increase by 8%, and from the amount of growth in earnings, the consulting firm would charge 30%.

Although the competition for hiring a company to advise the government on the management of taxes has not been carried out, already questions are arising about the cost that such a contract will represent for the State.

Guatemala: International Audit for Fiscal Management

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Discussion is being given to hiring an external company to provide consulting services in order to improve the management and collection of taxes.

The proposal which emerged from the leadership of former Finance Minister Pavel Centeno, is once again gaining strength at a time when the Tax Authority is analysing different alternatives to raising tax revenue.

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