Taxpayers and the general audience will want to closely follow a recently introduced tax bill to determine the impact of the potential tax reforms.The Honduran Government announced that they will file before the National Congress the “Bill on Tax Justice,” (Bill) which would significantly reform the current tax system. Some of the main provisions of the Bill would:Add a worldwide income taxation principle that would tax all the local source and foreign source income, obtained by Honduran natural or legal persons, residents or domiciled, originated from the work or capital, or a combination of bothEliminate bank secrecy for tax and...