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Guatemala's Superintendency of Tax Administration introduces a new tax inspection risk model

05 September 2023

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Tax Alerts, Legislation & Policy, Na...

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Guatemala

The Superintendency of Tax Administration has unveiled a new tax inspection risk model by economic sector.The new model is aimed at enhancing effectiveness and efficiency in the inspection processes.On 23 August 2023, the Superintendency of Tax Administration announced the implementation of a new tax inspection risk model based on economic sectors. This new model focuses on taxpayers subject to the Income Tax, encompassing 7,085 prioritized taxpayers representing 80% of tax revenue collection.According to the Tax Authorities, the tool's segmentation by economic sector enables effective and precise analysis and monitoring, tailored to the peculiarities of each segment and subsegment of the...