The Superintendence of Tax Administration will create an international audit department, which will start operations in March.
Rudy Villeda, Superintendent of Tax Administration, told Prensalibre.com, "The idea is to have more information from multinationals with related companies abroad, as they sometimes affirm they declare taxes in other jurisdictions and that must be verified".
The project is supported by the U.S. Treasury Office and the German Cooperation Agency.
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The Department of Fiscalization at the Guatemalan Tax Authority has presented the 2013 Audit Plan.
The analysis by Dr. Edgar Mendoza helps determine whether or not to regularize the tax status of Guatemalan companies, in light of actions projected by the Superintendency of Tax Administration (SAT):
A court ruling has suspended the Tax Authority in Guatemala from closing businesses who fail to comply with tax rules.
Mauro Chacón, President of the Constitutional Court (CC), explained that four actions of unconstitutionality have been presented by the chambers of Agriculture and Commerce, one of which was provisionally suspended by the Supreme Court.
The Internal Revenue Service (DGI) has added controls in order to increase revenues by chasing evaders and offenders.
Capital.com.pa state in their article that, "Preliminary investigations show that there are cases of companies that have been double billing and creating dubious loss statements, among other things, which is at odds with good corporate practices, giving a reason for DGI to implement the measures allowed by law."
The Organization for Economic Cooperation and Development wants to prevent schemes that allow using different jurisdictions in order to avoid paying tax where the activity is being carried out.
An article in DF.cl reports that "The Organization for Economic Cooperation and Development (OECD) has prepared a report, commissioned by the G20, which will be presented in early February to launch changes in international tax regulations that prevent multinationals from exploiting loopholes in order to pay very little tax by declaring profits in tax havens. "