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).

Source: prensalibre.com

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Nicaragua: Delays in Tax Refunds

November 2015

A complaint has been made that the General Directorate of Revenue owes at least $18 million in tax refunds to the private sector.

The slowness with which the tax authorities give refunds seems to be a widespread problem in the region. It is not only in El Salvador that entrepreneurs have to face this problem, but also in Nicaragua, where they say at least $18 million is owed to the private sector, explained Jose Adan Aguerri to Elnuevodiario.com.ni. The leader of COSEP "... explained that this amount belongs only to a list of companies that recently presented themselves to the Chamber of Industries of Nicaragua (Cadin), which means that the total debt could be higher."

Guatemala: Tax Revenues Grow

August 2011

In the first half of the year revenues generated by taxes increased by 18% compared to the same period in 2010.

Value added tax and income tax grew the most in the aforementioned period, by 18% and 34% respectively.

While overall growth was seen, decreases were observed in the amounts collected from taxes such as the tax on tobacco and the distribution of oil and its derivatives.

Guatemala: British American Tobacco Willing to Dialogue

October 2010

After a decision by the Constitutional Court, the tobacco company announced its willingness to dialogue.

The decision of the Constitutional Court in favor of an appeal by British American Tobacco, which alleged double taxation, will negatively impact tax revenues.

Sofia Oliva, manager of corporate affairs of the company, told Prensa Libre, "After being notified of the decision, we initiated contact with the government authorities to find long term solutions."

"Reserved" Tax Information in Guatemala

July 2009

Resolution 450-2009 classifies taxpayer inspection and audit activities as "reserved information".

The resolution by the state´s revenue authority (SAT) establishes which documents and information won't be publicly available. Among them is taxpayer compliance.

From La Prensa Libre´s website: "The decision is based on the 58-2007 decree from the Information Access Law.