GAZETTE SUMMARY EXECUTIVE DECREES Delays in granting benefits Article 5 of Executive Decree number 40540-H, called “Fiscal Contingency” was amended, authorizing a delay for granting the declarations of public interest, sports activity, or cultural interest, for activities or legal entities, by the different government entities that have the authority to grant it. The declaration of sports…
Author Archives: blp_admin
21
Aug
Aug
GAZETTE SUMMARY EXECUTIVE DECREES Applicable depreciation for photovoltaic panels The list of assets included in the Annex No. 2 of the Regulations to the Income Tax Law named “Depreciation Method and Percentages” was amended with the aim of acknowledging depreciation as a tax-deductible expense for Income Tax purposes as follows: Asset or activity Annual…
21
Aug
Aug
Gazette Summary ADMINISTRATIVE RESOLUTIONS Registrations, modifications or deregistrations of Taxpayers Through Resolution No. DGT-R-60.2017 of December 20, 2017, the Tax Administration clarified the necessary requirements and procedures for registration, modification or de-registration before the Taxpayers’ Registry. Likewise, the resolution details that, for economic activities, the Tax Administration adopted the Uniform International Industrial Classification (ISIC). The…
21
Aug
Aug
GAZETTE SUMMARY EXECUTIVE DECREES Update of the single tax by fuel type The Tax Authorities updated the amounts of the single tax by fuel type, as follows: Fuel Type Tax (colones) Regular Gasoline 241,25 “Super” Gasoline 252,75 Diesel 142,75 Asphalt 49,00 Asphaltic emulsion 36,75 Bunker Fuel 23,25 LPG 49,00 Jet Fuel A1 144,75 Av Gas…
24
Jul
Jul
When a company wants to market its brand, it must take into account several prior considerations to determine whether the use of the brand infringes rights of third parties, or, if its use goes against the requirements contained in trademark legislation. Erroneously, these considerations are often not addressed until after the company has already invested…
24
Jul
Jul
“Clauses agreed upon without due care may bring penalties to companies” The non-compete clause is a contractual obligation widely used in the business universe and can be perfectly valid and applied to different types of contracts, whether they are governed by labor law, commercial law and even antitrust law. However, a non-compete provision must meet…
23
Jul
Jul
There has been much speculation—none of it idle–about the publication of Friday, May 10, 2019 in the Official Gazette of the Republic of Honduras (La Gaceta) because that day Hondurans realized that Decree 130-2017 containing the new Penal Code, the substantive regulation that regulates crimes and penalties in our country, was published. With six months…
Analysis, Blog
Dismissal for Messages on Facebook: No Violation of the Privacy and Privacy of Communications
24
May
May
In a recent resolution of the Second Chamber of the Supreme Court of Justice (2018-000776) a case was resolved on the permissibility of dismissal without employer responsibility, where the legality of the evidence on which said dismissal was based was questioned. This case has as background a conversation that the worker published, along with another…
23
May
May
New Changes to E-Commerce Regulations This past October, a specific chapter was included in the Law to Promote Competition and Effective Defense of Consumers Regulations, in connection with “Consumer Protection in the context of E-Commerce”. The main areas affected by this reform are the following: Advertising on websites: There is now a list of mandatory information…
23
May
May
As the years go by, I realize that my behavior has become more selective. My decisions, even on topics that seem inconsequential or daily, are now more thoughtful, reasoned, reflective, and even more elaborate. For example, watching television is something I no longer do, having concluded that it was a waste of time. On one…