Tax laws Guatemala
Guatemala's tax system is administered by the Superintendencia de Administración Tributaria (SAT), an autonomous entity responsible for tax collection and enforcement across the country.
Key Tax Components:
Income Tax (ISR): Applies to both individuals and corporations, with rates varying based on income levels and categories.
Value-Added Tax (IVA): A standard rate of 12% is levied on most goods and services.
Stamp Tax: Imposed on certain legal documents and transactions.
Property Tax (IUSI): Assessed on real estate properties, calculated based on property value.
Solidarity Tax (ISO): Targets businesses with substantial gross income, serving as a minimum tax to ensure corporate tax contributions.
The SAT's functions include administering the tax regime, enforcing tax laws, collecting taxes, and combating tax evasion and customs fraud. It also provides taxpayer services to facilitate compliance.
For detailed and up-to-date information on Guatemala's tax laws, consulting the SAT's official resources or a local tax professional is advisable.
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