El Salvador signs anti-fraud agreement with Spain

El Salvador has signed an agreement with Spain that's aimed at avoiding double taxation and preventing tax fraud.

Friday, July 11, 2008

"The agreement is a tool that will encourage investments and trade between our countries," said El Salvador's Vice President, Ana Vilma de Escobar.
"With this accord we will avoid paying taxes twice, something that has been a major obstacle in developing business relations."

More on this topic

Guatemala: 14 Years in Prison for Tax Fraud

June 2013

Mario Brol Samayoa has been convicted of money laundering, tax fraud, special case of tax fraud and customs fraud.

According to investigations by the Prosecutor, Brol Samayoa exported gasoline to countries such as Taiwan, Mexico, Honduras and El Salvador, without paying Value Added Tax (VAT). "Because of this fraud the government failed to receive $91 million," according to the Superintendency of Tax Administration (SAT) ".

Costa Rica: Taxation Department with Powers of Seizure

May 2015

A bill to improve the fight against tax fraud authorizes the tax authorities to seize the assets and bank accounts of delinquent taxpayers, without a warrant from a judge.

An article in Nacion.com reports that the Technical Services Department of the Legislative Assembly has proposed a rule that "...

More CICIG ... and Not Only for Guatemala

April 2015

The dismantling of the network of corruption at the highest level of the taxation system shows the validity and the necessity that Central America has for having bodies such as the International Commission against Impunity in Guatemala.

EDITORIAL

Guatemalan business leaders have been talking about the matter, after the release of the CICIG updates which shed light on a group of criminals who, from the highest level of customs administration, engineered smuggling and tax fraud in the country. See: "Customs Fraud Network in Guatemala".

Customs Union Affected by Political Scandal

May 2015

Customs integration between Honduras and Guatemala scheduled for June is at risk due to the political turbulence unleashed by the laying bare of a tax fraud network.

One of the main problems that could occur and delay customs border integration is the current internal state of the Superintendency of Tax Administration (SAT) of Guatemala, which needs not only to regain its credibility but undergo restructuring which is bound to affect normal operation.

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