09 November 2016

Honduras enacts new municipal tax amnesty program

Honduras published, in the Official Gazette on October 24, 2016, Decree 130-2016 (the Decree), establishing a new tax amnesty program.

According to the Decree, amnesty is granted to all taxpayers (legal entities and individuals) for late payment interest, fines and surcharges accrued on municipal tax liabilities1 arising from tax controversies or litigation at the administrative or judicial levels. The amnesty will apply to interest, fines and surcharges accrued up to December 31, 2015.

The amnesty ends on December 29, 2016.

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Contact Information
For additional information concerning this Alert, please contact:
 
Ernst & Young, S.A., San José, Costa Rica
Rafael Sayagues+506 2208 9880
Alexandre Barbellion+506 2208 9800
Ernst & Young Panama
Karem Marquez(504) 557-7921
Latin American Business Center, New York
Pablo Wejcman(212) 773-5129
Ana Mingramm(212) 773-9190
Enrique Perez Grovas(212) 773-1594
International Tax Services - London
Jose Padilla+44 20 7760 9253

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ENDNOTES

1 e.g., property tax, public services, taxes on improvements

Document ID: 2016-1907