Guatemala Offers Three-Month Tax Amnesty
by Mike Godfrey, Tax-News.com, Washington
05 June 2017
Guatemala has announced that it will waive interest and penalties on taxpayers who agree to pay any unpaid tax promptly.
Under the newly approved amnesty, taxpayers who pay off all their tax liabilities within three months will be granted a reduction in any penalties, fines, or interest payable.
To what degree such are reduced depends on how quickly payment is made; those making good on their tax debts within one month of making an application will have such liability waived, while 95 percent or 90 percent will be waived if payment is made within two or three months, respectively.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- voters do the funniest things »
- just about worthy of praise »
- punted into the long grass »
- The robots are already here »
- Seven reasons to open an offshore bank account »
- Ras-Al-Khaimah International Companies »
- The Pros and Cons of Incorporating in Delaware »
- tax competition is far from dead »
- economic forecasting is a hazardous occupation »
- Cyprus: An ideal gateway »