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Guatemala News - Business, Taxation & Offshore

Guatemala Ditches Import Tax On US Chicken Meat

by Mike Godfrey,, Washington

Tuesday, April 18, 2017

Guatemala has ditched its 12 percent tax on chicken meat imported from the US, Ruben Morales, the Minister of Economy, has confirmed.Read Full Story


Latin America and Caribbean Tax Revenues Rise: OECD

by Ulrika Lomas,, Brussels

Friday, March 24, 2017

Tax revenues in Latin America and the Caribbean countries continued to increase in 2015, according to new data from the Organisation for Economic Co-operation and Development.Read Full Story



Obama Implements Various Trade Tariff Changes

by Mike Godfrey,, Washington

Tuesday, December 27, 2016

President Barack Obama has signed a proclamation that tidies up various outstanding trade tariff issues, including the implementation of US tariff preferences for Nepal and the Central African Republic.Read Full Story


South Korea, Central America Agree Free Trade Deal

by Mary Swire,, Hong Kong

Thursday, November 17, 2016

On November 16, South Korea and the six Central American states – El Salvador, Guatemala, Honduras, Nicaragua, Panama, and Costa Rica – agreed the details of a free trade agreement, according to an announcement from the South Korean Ministry of Trade, Industry and Energy.Read Full Story



Guatemala Urged To Widen Tax Base

by Mike Godfrey,, Washington

Thursday, September 8, 2016

Guatemala needs to raise fiscal revenues to at least 15 percent of gross domestic product in the longer term to accommodate higher social and infrastructure spending, and to support efforts to reduce crime and corruption, the International Monetary Fund has said.Read Full Story


Guatemalan Tax Reform 'Vital' To Expand Tax Base

by Glen Shapiro,, Washington

Wednesday, August 31, 2016

The success of the proposed tax increases that the President of Guatemala introduced to Congress hinges on overcoming likely court challenges, as well as the success of the ongoing reform to the country's tax authority, Fitch Ratings has said.Read Full Story