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.

"... Guatemalan President Otto Perez Molina, described the withdrawal as 'an irresponsible and informal act,'" according to an article on S21.com.gt. "According to the leader, its members have sucumbed to pressure from those who refuse to pay taxes."

Source: s21.com.gt

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Guatemala: Alternatives to Consultancy on Fiscal Management

June 2014

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

June 2014

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.

International Tender for Consultancy on Fiscal Management

June 2014

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.

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".

Guatemala: International Audit for Fiscal Management

June 2014

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.