Tax Controls Will Increase in Guatemala

Controls will be increased in the livestock, exporting and transport sector as a way to increase collection.

Monday, March 23, 2009

In the first two months of the year, the Superintendent of Tax Administration has raised $671 million, $55 million below set targets.

In the face of this situation, the Superintendent will increase controls on some sectors that, according to Superintendent Rudy Villeda, "have not been audited in previous years." These sectors are "livestock farmers, exporters and transporters, Non-Governmental Organizations (NGOs) and soccer players."

The Superintendent told La Prensa Libre of Guatemala that "there is no precise data on the amount that the treasury fails to receive due to non-payment of taxes from these sectors, but in the cases brought to trial from all sectors, the SAT is looking to recover 1.17 billion Quetzals ($144 million.)"

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