In order to check the results declared at the close of 2013 the Treasury has expanded powers to obtain information from taxpayers.
An article in Nacion.com by Oscar Rodriguez reports that "In this period, which ends Sept. 30, the Treasury may apply for the first time in a full fiscal year, the rules given in fiscal transparency laws and strengthening tax management, approved in September 2012. " ... " Carlos Vargas, Director General of Taxation, acknowledged that the new powers will allow them to be more effective in the control of the information to state companies and people."
Deadlines in September 2013 for the tax liabilities of August 2013.
Tax Memorandum Edition
11 to 13 September 2013
Notice from the SAT Personal Identification Document-DPI
The the Official newspaper of 23 August 2013, the Constitutional Court ruled unconstitutional actions raised in Article 22 of Decree No. 39-2010 which amends Article 92 of Decree No. 90-2005, National Registration Act of Persons. This rule states that the Personal Identification Document-(DPI by its initials in Spanish) is effective as of January 2, 2013, and consequently means that the the Certificate Neighbourhood identification is no longer valid. This date was extended on December 21, 2012, the effect of the declaration of Interim Suspension by the Court.
Memorandum from Tezó y Asociados regarding the Annual Declaration of Compliance with Labor Duties and obligations for the payment schedule corresponding to July 2013.
Tax Memorandum
Issue 10 to 13 August 2013
Annual Declaration of Compliance with Labor Duties
(For firms operating under Decree No. 29-89)
In the official newspaper dated June 26, 2013, the Ministry of Economy published Government Agreement No.
Given the failure of the monthly payment system, income tax payments will be made in three installments a year and will be calculated using estimates.
According to an article in Prensa.com "With this move the government recognizes the failure of an unwieldy mechanism and that has not generated the expected revenues. Tax consultant Osvaldo Lau said that ‘the aim was to improve cash flow, but the exercise failed, because the absolute value of tax revenues did not meet expectations. '"
The Superintendency of Tax Administration of Guatemala has reported revenues of Q10 billion ($ 1.27 billion) in 2011, a record in the collection of income tax.
Revenues for the payment of income tax (ISR) totaled about Q10 billion ($ 1.27 billion), in 2011 according to the Superintendency of Tax Administration of Guatemala (SAT).
"The good results obtained by the companies are due to the recovery of the Guatemalan economy, and measures implemented to combat tax evasion by the SAT also helped the collection of income tax (ISR) to exceed Q 10 billion in 2011, an increase of 30 percent compared to the Q7.74 billion ($ 989 million) in 2010 , " published ElPeriodico.com.
In November 2011 tax collection reached the milestone amount of $1,205 million, 30.6% more than in the same period in 2010.
The head of the Tax Authority, Rudy Villeda cited as the main causes of this growth improvements in economic activity and greater control of tax collection.
According to the analyst from the American Institute for Fiscal Studies (ICEFI) Jhonatan Mencos, the main factors that determined the increase were: 'The strong economic activity evidenced in the year and the tax amnesty decree issued by the Executive from February to August’", reported Siglo21.com.gt.
español
2311