Guatemala Providing Solidarity Tax Deferral and VAT/Customs Exemption Due to COVID-19

Guatemala has reportedly provided a deferral for the payment of solidarity tax (Impuesto de Solidaridad – ISO) for the second quarter of 2020 to 30 September 2020, without late payment penalties or interest. To be eligible, taxpayers must meet the condition that they will not dismiss any employees until the full ISO liability is paid.
In addition to the ISO deferral, an exemption f…
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