New Consumer Protection Law for Honduras

The Secretary of Industry and Commerce began operations to verify that business have carried out the changes based on the new Consumer Protection Law.

Tuesday, September 2, 2008

"We are going to check that the prices are affixed to the products with the tax included; additionally we will verify that the contracts being signed by those who buy articles on credit are in accordance with the new Consumer Protection Law which clearly establishes the interest rate," according to reports from the Director of Consumption and Production, Gregorio Torres.

More on this topic

Costa Rica: Details of VAT and Income Tax Projects

August 2015

Among the new features are VAT refunds to those who pay for private medical practices with cards and the establishment of a new fiscal year, from January 1 to December 31.

From a statement issued by the Ministry of Finance:

Bill on value added tax (VAT):

New Features

- This project establishes a value added tax (VAT) levied on sales of goods and provision of services in Costa Rica.

Guatemala: Massive Tax Audit

March 2015

The Tax Authority has announced the implementation of its program of massive audits of firms for March and April.

From a statement issued by the Superintendency of Tax Administration (SAT):

The Tax Authority within its functions to monitor compliance with tax obligations and billing for services and sale of products, is now conducting checks on billing and fixed points at different types of existing businesses.

New Consumer Law in Effect in Nicaragua

October 2013

The changes include a prohibiting financial institutions from penalizing early repayment of loans.

According to an expert in consumer law, Jorge Eduardo Rooseess, this law is important because it "regulates all kinds of consumer relations with citizens, and because it appears that there is a willingness to provide the necessary force to an institution for it to defend consumer rights. "

Possible Reform of Consumer Protection Act

March 2013

A new bill in Panama provides guarantees in real estate development and makes tips voluntary, among other topics.

From a statement by the Authority for Consumer Protection and Competition (ACODECO):

ACODECO presented to the press a proposal which contemplates reforming Law 45 on Consumer Protection.

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