In order to encourage investment in the country, starting from this fiscal year income tax paid by taxpayers registered in the regime on profits will be reduced from 28% to 25%.
According to the latest amendment of the Law on Tax Update, Decree 10-2012, the rate of income tax (ISR) applied to taxpayers from 2015 will be 25%. The authorities clarified that the rate of 28% will be applied to taxpayers who have not yet completed the liquidation of 2014
Guatemala will reduce the grounds for tax sanction from 75 to 25, and will reduce fines up to 75%.
S21.com.gt reports that "A new initiative of the National Customs Act, has the backing of both the Government, business, customs and shipping offices, to reduce the number of grounds for sanctions to 25, from a list of 78 established in the regulation which despite being in force since February 2012, is currently suspended by government decision. "
The Tax Authority is analysis how to apply transfer pricing for imports and exports, as well as transactions conducted with other companies which hold shares and / or have common directors.
According to the Law on Tax Update (LAT by its initials in Spanish), taxpayers must submit to the Superintendency of Tax Administration (SAT) certain information and documentation.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...