Guatemala: Investigation on $382 million Tax Evasion

The Superintendency of Tax Administration is investigating companies that purchased fake invoices in order to avoid paying taxes.

Wednesday, June 8, 2011

Among the companies and individuals under investigation are agricultural producers, poultry farmers, fabric retailer and cold room repair service providers.

Last March Norman Fernando Tejeda Velasquez was captured who according to investigations “made up 76 companies, through which he sold customers building materials, land, food, consultancy and VAT,...", related an article by Coralia Orantes in

More on this topic

Tax Evasion in Guatemala is 33%

May 2012

The Tax Authority estimates that during last year, 2011, the amount of evaded payment would have been been about $16 million.

A month after taking office, the head of the Tax Authority (SAT), Miguel Gutierrez, revealed the results of an evaluation of the institution and said that in 2011 there was an evasion of 32.8% of Value Added Tax (VAT).

Guatemala: More Fiscal Controls

February 2011

The Finance Ministry asked for two changes to the tax evasion bill being discussed in Congress.

The Ministry's request to Congress includes more controls when issuing special invoices for agricultural producers, the elimination of tax credit for small taxpayers and reestablishing the tobacco tax.

Tax Evasion in Guatemala Reaches 7% of GDP

January 2011

There is urgent need to strengthen the Superintendence of Tax Administration (SAT) with audit and control instruments.

Tax evasion reached $ 2,500 million, and businessmen insist that before a tax reform is passed, increasing tax burden and affecting competitiveness in the country, it is required "to improve the fight against tax evasion and customs smuggling."

Employers are Demanding Fiscal "Fair Play"

June 2012

In Honduras, representatives from private companies request that the names of 34 large taxpayers who are allegedly evading paying their taxes be made public.

The president of the Honduran Council of Private Enterprise (COHEP), Aline Flores, has called for the publication of the names of large companies that are allegedly evading their tax obligations.

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