Guatemala: Greater Control for Multinational Companies

Regulators will oversee sales operations and transfer of funds from multinational companies based in the country and overseas branches.

Tuesday, February 15, 2011


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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.

More on this topic

OECD Going After Evading Multinationals

January 2013

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. "

Guatemala: 2013 Tax Audit Plan

March 2013

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):

Guatemala: Tax Audits

February 2014

The Tax Authority has started a campaign to control trade in general.

The Superintendency of Tax Administration (SAT) is launching the Massive Fiscal Presence plan to verify tax obligations, under which 200 auditors will make visits to various production facilities. The aim is to check that these are complying with their tax obligations.

Guatemala: SAT Can Not Order Precautionary Closures of Companies

February 2014

Power has been removed from the Tax Authority to preemptively close companies found committing fiscal offense.

The Constitutional Court of Guatemala (CC) gas definitively removed from the authority of the Superintendency of Tax Administration (SAT) its ability to make preventative closures of businesses found not to be complying with the tax laws of the country. The CC had already suspended the rules on an interim basis.

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