Guatemala Tax Agency Publishes Specific VAT Amendments for Small Taxpayers

The Guatemalan Superintendency of Tax Administration June 3 published Government Agreement No. 125/2022, clarifying specific VAT amendments for small taxpayers. The agreement includes measures: 1) exempting registered small taxpayers issuing invoices registered under the electronic regime from withholding tax obligations; 2) specifying conditions for registration under the electronic regime, including an annual income limit not exceeding 150,000 Guatemalan Quetzals (US$19,399); and 3) requiring taxpayers to maintain specific records under the electronic regime. [Guatemala, Superintendency of Tax Administration, 06/03/22]

Reference:
View Government Agreement No. 125/2022. View Index.