The amount paid to the Tax Authority corresponds to unpaid taxes, plus penalties and interest.
An article on Lahora.gt reports that the Superintendent of the SAT, Juan Francisco Solorzano, said that "... It is the largest payment made by any entity, in relation to adjustments that had been made or that had been ordered as a result of a judicial process from which it was ruled that there was tax fraud or tax evasion. "
The balance of debt authorized to finance the 2015 budget was issued in three tracts with maturities of ten, twelve and fifteen years, with rates of 6.99%, 7.19% and 7.38% respectively.
After declaring the auction held last week void, the Ministry of Finance has finally managed to place the balance of the debt issuance authorized by the Congress. Due to the conditions demanded by investors, the government had to adjust rates to levels below those offered in the auction of the first part of the issue.
In the Guatemalan Congress of a favorable opinion was cast on an initiative to regulate the operation of the credit cards and the relationships between issuers, operators and affiliate cardholders.
Posted by the Congress of the Republic of Guatemala:
The Guatemalan Social Security Institute (IGSS) has granted an additional 90 days exemption from fines for those companies who do not pay employer and employee contributions on time.
The additional period granted by the IGSS began on Sunday, April 1st, under agreement 1284 published by the public record newspaper Diario de Centro América. The first agreement exemption, 1270, was issued in September 2011 and has now expired, reported Prensalibre.com.
The institution will forgive accumulated and delinquent payments for those lands purchased with the Land Fund (Fondo de Tierras).
The measure to forgive all interests on surcharges for delinquencies and 99% of accrued interests applies to loans requested between 1998 and March 2009. The charges will be reset after January 1, 2011. "Therefore, the amnesty also includes interest on loans between 2009 and 2010."
According to Banguat, the increases in 2008 in the interest rates were due mainly to uncertainty in the banking sector.
Prensalibre.com reports on its website: "Adverse conditions, lack of liquidity (money) and the intention of the banks to protect themselves by lending less, caused interest rates to increase in 2008, according to explanations from the president of the Central Bank, Maria Antonieta del Cid de Bonilla.
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,...
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