Guatemala News

Latin America, Caribbean Tax Mix Vulnerable To COVID-19 Hit
by Mike Godfrey, Tax-News.com, Washington
Friday, May 15, 2020
The tax burden in Latin America and the Caribbean (LAC) increased to a record 23.1 percent of GDP in 2018, according to a new OECD report. However, it warns the territories will face considerable financial pressures owing to COVID-19 because of their systems' reliance on indirect tax revenues. Read Full Story

France Updates Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, January 15, 2020
On January 6, 2019, a decree was published in the French Official Journal to modify the list of non-cooperative states and territories in tax matters. Read Full Story

Telecoms Firms Ask Argentina To Ease Suffocating Tax Regime
by Mike Godfrey, Tax-News.com, Washington
Friday, December 1, 2017
The GSM Association, which represents almost 800 mobile operators worldwide, has called for reform of the tax settings for the mobile telecoms sector in Argentina, pointing out the tax burden far exceeds that in neighboring states. Read Full Story

US Trade Commission Recommends Tariffs On Korean Washers
by Mike Godfrey, Tax-News.com, Washington
Tuesday, November 28, 2017
The US International Trade Commission has unanimously recommended tariffs of up to 50 percent on large washers imported from Korea. Read Full Story

14 Territories Praised By OECD For Tax Transparency Advances
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, June 29, 2017
A number of territories that had failed to demonstrate they have complied with international tax transparency standards have had their ratings upgraded by the OECD, following "fast-track" peer reviews. Read Full Story

Guatemala Makes Leap Forward On Tax Transparency
by Mike Godfrey, Tax-News.com, Washington
Tuesday, June 27, 2017
In an effort to improve its international standing in tax matters, Guatemala has signed a multilateral tax convention to provide assistance to other countries in tax matters. Read Full Story

Guatemala Offers Three-Month Tax Amnesty
by Mike Godfrey, Tax-News.com, Washington
Monday, June 5, 2017
Guatemala has announced that it will waive interest and penalties on taxpayers who agree to pay any unpaid tax promptly. Read Full Story

Guatemala Ditches Import Tax On US Chicken Meat
by Mike Godfrey, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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
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