Displaying items by tag: Treasury
Ministry of Finance to cover budget gap with US$498 million by 2022
The Central Government informed that it has already outlined a plan to honor its debt commitments on time in the short and medium term. There is no danger of the country falling into default.
Treasury has managed to collect more than US$300 million by march 2022
The Minister of Finance, Alejandro Zelaya, said in a morning interview that, during january and february 2022, they had registered around US$200 million in tax collection, and as of march, the institution had already collected more than US$300 million of what had been projected.
Treasury requests public utility corporations and foundations to file their income tax returns
The Ministry of Finance, through the General Directorate of Internal Taxes, urges corporations and foundations of public utility that are qualified as subjects excluded from the payment of Income Tax, in accordance with Article 6 paragraph c) second clause of the Tax Law in reference, to the following:
Treasury issues favorable opinion to incorporate US$881,202 to 2021 budget
The General Director of Investment and Public Credit, Moisés Cabrera, and the Deputy General Director of Budget, Laura Michelle Arce, members of the technical team delegated by the Minister of Finance, arrived at the Treasury Commission to request an amendment to the 2021 Budget Law which consists of the incorporation of US$881,202.
Treasury has managed to collect more than US$44 million to date through tax amnesty
The minister of Finance, Alejandro Zelaya, stated in an interview that during the Tax Amnesty period, they have been able to collect to date US$44 million that taxpayers had not paid as part of their tax obligations.
Treasury will seek a fiscal adjustment of 4% of GDP to reach an agreement with the IMF
The minister of Finance, Alejandro Zelaya, expressed in a morning interview that they are going to finish the evaluation of Article IV with the International Monetary Fund (IMF) and stated that they will seek a fiscal adjustment of 4% of the Gross Domestic Product (GDP), in order to reach an agreement with the institution.
Treasury submitted 10 Plan Antievasión notices and one for Anti-Smuggling to the Fiscalía General de la República (FGR)
The Minister of Finance, Alejandro Zelaya, presented to the Fiscalía General de la República (FGR), 10 notices of the Plan Antievasión amounting to US$4.3 million between taxes and fines. In addition, under the Plan Anti contrabando, they presented a notice for US$2.3 million.
Treasury will grant amnesty to pay taxes
The minister of Finance, Alejandro Zelaya, informed in a press conference that he presented today to the Legislative Assembly (AL), a Ley Especial y Transitoria que otorga Facilidades para el Cumplimiento Voluntario de Obligaciones Tributarias y Aduaneras, known as tax amnesty, which seeks to forgive fines, interest and surcharges when paying taxes.
Treasury submitted 3 notices to the FGR for Plan Antievasión, Anticontrabando and a denunciation
The minister of Finance, Alejandro Zelaya, together with the director general of Customs Samadhy Martinez, presented to the Fiscalía General de la República (FGR) 3 notices of the Plan Antievasión, Anticontrabando, and a US$9.5 million denunciation.
Treasury to train 300 young people to audit the country's 262 municipalities
The minister of Finance, Alejandro Zelaya, informed that 300 young university students responded to the Ministry's call through the extraordinary call of the Human Capital Training program, to be part of the auditing of the 262 municipalities of the country, which will be in charge of the Dirección General de contabilidad Gubernamental (DGCG).