January 19, 2023
Guatemala's Ministry of Public Finance amends Value Added Tax Regulations
Through GA 12-2023, published on 9 January 2023, the Guatemalan Ministry of Public Finance issued amendments to GA 5-2013, the VAT Law Regulations.
In addition to GA 12-2023, on 14 October 2022, Government Agreement number 245-2022 (GA 245-2022), issued by the Ministry of Public Finance, was published in the Official Gazette, which also contained reforms to GA 5-2013, the VAT Law Regulations.
Both Government Agreements (2022 and 2023) reform article 30 of the VAT Law Regulations. GA 12-2023, the most recent amendments, modifies the following aspects of the VAT law:
GA 12-2023 entered into force on 14 January 2023 and repeals GA 245-2022.
For additional information with respect to this Alert, please contact the following:
Ernst & Young Honduras, S. de R. L.
Ernst & Young LLP (United States), Latin American Business Center, New York
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific