Central America News

Technology Cutting Tax Compliance Burden: Paying Taxes 2018
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, November 28, 2017
The use of technology by business and government in tax compliance is driving continued simplification and reduction in the burden of tax compliance on businesses, says Paying Taxes 2018, a report by The World Bank Group and PwC. Read Full Story

Enhanced US Tax Relief Urged For Dominican Apparel Exports
by Mike Godfrey, Tax-News.com, Washington
Friday, October 6, 2017
Eight years after its implementation, the Earned Import Allowance Program is not providing enough incentives to significantly boost Dominican apparel exports to the US market, says the US International Trade Commission. Read Full Story

Costa Rica Considers Higher Taxes On Foreign Truckers
by Mike Godfrey, Tax-News.com, Washington
Tuesday, March 14, 2017
The Costa Rican Government is to consider hiking taxes on foreign haulers. Read Full Story

South Korea, Central America Agree Free Trade Deal
by Mary Swire, Tax-News.com, 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

El Salvador, Bolivia Conclude Second Round Of Trade Talks
by Mike Godfrey, Tax-News.com, Washington
Friday, July 22, 2016
El Salvador and Bolivia on July 20-21, 2016, held a second round of negotiations towards a Partial Scope Agreement that would lower tariffs on trade between the two countries. Read Full Story

Fiscal Reform Needed In LATAM, Caribbean, IDB Says
by Mike Godfrey, Tax-News.com, Washington
Wednesday, April 13, 2016
Major fiscal reforms are needed in Latin America and the Caribbean due to pressures such as weak global growth and lower commodity prices, according to a report from the Inter-American Development Bank. Read Full Story

France To Urge G-20 To Push For New Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, April 13, 2016
The French Government wants the G-20 to draw up a new blacklist of jurisdictions failing to meet international tax transparency standards. Read Full Story

El Salvador Supported In S Korea Free Trade Talks
by Mike Godfrey, Tax-News.com, Washington
Tuesday, April 5, 2016
El Salvador has been granted financial assistance to enable the nation to continue to engage in negotiations with other Central American states towards a free trade deal with South Korea. Read Full Story

Central America, South Korea Hold Third Round FTA Talks
by Mike Godfrey, Tax-News.com, Washington
Wednesday, February 24, 2016
The Central American states and South Korea began their third round of negotiations towards a free trade agreement on February 22, 2016. Read Full Story

El Salvador, Guatemala Make Progress On Trade Facilitation
by Mike Godfrey, Tax-News.com, Washington
Friday, February 19, 2016
El Salvador and Guatemala held a meeting on February 16, 2016, to advance their bilateral trade facilitation agenda, according to El Salvador's Ministry of Economy. Read Full Story
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