Tegucigalpa, Honduras – Just prior to the start of the new Honduras National Soccer League season, the capital’s team, “Olimpia” gets bad news. They have confirmed that the Executive Directorate of Revenue (DEI) has blocked the soccer club’s “tax id” “RTN” for non-payment of some taxes. “Olimpia is the only team not able to collect […]
The new entity, which will replace the DEI, will be composed of qualified professionals who will undergo a rigorous selection process. Although details are not yet known, the revision of decrees, fees, and agility in the process have been proposed for the new Honduras Tax Code. With the new legislation, which was announced by President […]
Two years ago it was unrealistic to think about fulfilling the annual tax collection goal in Honduras. Today that lies behind us as fiscal year 2015 collections activity has exceeded 100%. As of December 16, 2015 collections amounted to 71,580 million Lempiras (approximately $3.2 billion Dollars), which means a 6,881.2 million Lempira or approximately $306.5 […]
Tegucigalpa, Honduras. – The former Honduras president and current Congressman Manuel Zelaya Rosales has stated that he is opposed to extraditions. Zelaya stated that he will file a constitutional counter-reform in Congress to return to prohibition of extradition of Hondurans. He said the reform that allows the extradition is a very large door that now affects everyone because the […]
Next year will mark a historic moment in Honduras with the restructuring of the Executive Directorate of Revenue (DEI) and develop a new Tax Code, announced Honduran President Juan Orlando Hernandez. With the the creation of a new collection agency where all employees will be vetted confidence testing. “It has to be closed (DEI) to open a new […]