Guatemala To Reinforce Tax Audits

In order to compensate for the resources that the government will not receive from taxes vetted by the Constitutional Court, the Tax Authority will increase audit pressure.

Wednesday, March 20, 2013

The decrease of $64 million in revenue, has led the Tax Authority of Guatemala (SAT by its initials in Spanish) to strengthen its control plan with which it supervises companies.

"The Constitutional Court decided that the SAT can not collect taxes, but we will implement mechanisms to compensate for that," said Abelardo Medina, acting head of the Tax Authority (SAT).

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