Payment schedule for liabilities in January 2015 and Memorandum on Tax Bancarization.
Tax Memorandum
The requirement for Tax Bankarization is regulated by Articles 20 and 21 of Decree No. 20-2006, articles which were amended by Articles 27 and 28 of Decree No. 04-2012, specifically in order to change the amount of bankarization amount from $6,585 to $3,951
Schedule of payment of liabilities for December 2014 and Tax Memorandum on the new control department for exempt taxpayers.
Tax Memorandum
Department of Control for Exempt Taxpayers
The SAT is directly notifying taxpayers of the creation of a Department of Control for Exempt Taxpayers
The core of the notification indicates that:
"The Superintendency of Tax Administration has implemented a Control Department for Exempt Entities to provide in a comprehensive manner, service, control and monitoring of compliance with tax and customs obligations; and verify the proper use of the benefits of those entities that enjoy tax breaks of any kind.
Payment schedule of obligations corresponding to August 2014 and Memorandum on Tax Regulation on Occupational Health and Safety.
Tax Memorandum August 13th to 14th, 2014.
Regulation of Occupational Health and Safety
The Ministry of Labor and Social Welfare published in the official newspaper La Gaceta of August 11, 2014 Governmental Agreement No. 229-2014 through which issues the "Regulation of Occupational Health and Safety" must be observed by all employers. Its validity is from February 11, 2015, ie there are six months to implement the measures for occupational health and safety, required by this Regulation.
Calendar of payment obligations for July 2014 and Memorandum Tax on banking secrecy.
Tax Memorandum August 12nd - 14th 2014
Is bank secrecy is over?
All OECD countries as well as others such as Costa Rica have committed to the automatic exchange of tax information.
Because of the importance of this topic, the following is transcribed from a statement issued by the Organization for Economic Cooperation and Development (OECD):
An announcement by the SAT relating to audits on quarterly income tax payments and payment schedule of obligations corresponding to April 2014.
Tax Memorandum May 7-14 2014
Quarterly income tax payments and supervision of the Superintendency of Tax Administration (SAT):
The SAT has recently announced that it will oversee statements on Quarterly Payments of ISR, especially the deductibility of expenses and is also asking for integration of expenses reported as nondeductible.
2013 declaration of Income Tax and schedule for payments in February 2014.
Tax Memorandum February 4th-14th 2014
Need to integrate the cost of sales
March 31 is the deadline for the declaration of Income Tax - ISR- for the year 2013 and considering that the SAT is exercising control more often and with more resources, such as technology, information provided by the taxpayer such as the case of the report on stocks of inventories kept up to the closing date, classification of taxpayers and other things, it is important to prepare this statement including amounts that are integrated and supported with the appropriate legal documentation. Of course, this is in the case of the taxpayer settling heir tax bill and being registered in the System On Profits From Lucrative Activities.
2013 declaration of Income Tax and schedule for payments in February 2014.
Tax Memorandum February 4th-14th 2014
Need to integrate the cost of sales
March 31 is the deadline for the declaration of Income Tax - ISR- for the year 2013 and considering that the SAT is exercising control more often and with more resources, such as technology, information provided by the taxpayer such as the case of the report on stocks of inventories kept up to the closing date, classification of taxpayers and other things, it is important to prepare this statement including amounts that are integrated and supported with the appropriate legal documentation. Of course, this is in the case of the taxpayer settling heir tax bill and being registered in the System On Profits From Lucrative Activities.
A memorandum has been released detailing tax reforms to the Law on Income Tax, and payment and obligations schedules corresponding to January 2014.
Tax Memorandum 1 to 14 January 2014
Amendments to the Law on Income Tax
Decree No. 19-2013 contains amendments to the Law on Income Tax (ISR by its initials in Spanish) contained in Decree No. 10-2012 and which was published in Diario de Centro América on December 20, 2013.
A Memorandum has been issued by Tezó y Asociados on the Transfer Pricing Study and obligations for the payment schedule corresponding to September 2013.
Tax Memorandum 12 to 13 October 2013
Transfer Pricing Study
The purpose of the transfer pricing study in Guatemala, is to determine whether transactions by a local company during a fiscal tax year, with related subjects living abroad, were agreed and at prices similar to those established between independent parties, which is defined as "Principle of Free Competition", and taking into account in this new standards established by Decree No. 10-2012, Act Income Tax (Articles 54 to 67) and in the Regulation (Articles 37 to 66).
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.
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.