The business sector in Honduras responded favorably to the decision made by President Juan Orlando Hernandez to restructure the Executive Directorate of Revenue (DEI) and develop a new Tax Code to strengthen the collection agency. “I think these actions will rise from 15 to 20 points the competitiveness indices,” says Aline Flores, president of the […]
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 […]
The tribunal sentencing court in Puerto Cortes found Karen Elizabeth Chí, a former employee of the Executive Directorate of Revenue [DEI], and a former DEI processor, Marco Antonio Lizardo, guilty of smuggling and the use of false public documents. “It’s a win for the Special Prosecutor Fighting Corruption, the fact that the trial court in […]
The illegal production of liquor and spirits has become a lucrative business for a small group of entrepreneurs who have extended their activities to several cities in Honduras. More than a hundred brands appear on store shelves despite being processed in clandestine factories that do not appear in the records of the Ministry of Finance […]