New Income Tax brackets for the 2024 fiscal period
On December 8, 2023, Executive Decree No. 44276-H was published, whereby the income tax brackets that will apply during the 2024 tax period were updated, as detailed below:
Salary tax
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Legal Provisions for holidays in Costa Rica 2024
https://blplegal.com/blp-web-2021/wp-content/uploads/2023/12/Newflash-Asuetos-2024-Costa-Rica_FB-TW-LK-IG-WT-ENG-1.jpg ...
Guatemala: Minimum Wages 2024
Guatemalan Government published Agreement No. 307-2023, in Diario de Centroamérica on December 19, 2023, making official the minimum wages by sector to take effect on January 1, 2024.
1. Department of Guatemala (Economic District 1)
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Water: The Urgency of Establishing an Effective Regulatory Framework
Water, essential for human existence, agriculture, and industry, has always been a natural resource of an incalculable value. In the Guatemalan context, although there are indeed legal provisions for the protection and management of water, we face significant challenges in ...
Eliminate Free Trade Zones: A Legal and Economic Mistake?
For a long time, economic policies have had to find a balance between the immediate needs of the State and the long-term development of the nation. In that regard, free trade zones (FTZs) have emerged as a strategic solution in ...
The DIACO and its sanctioning processes
The Directorate of Consumer Attention and Assistance (DIACO), a dependency of the Ministry of Economy of the Republic of Guatemala, is the authority in charge of any administrative sanctions derived from the dissatisfaction of consumers of products or services through ...
The reality of adjustments for wage discrepancies determined by the IGSS
It is well known that, as part of the exercise of its functions established in article 50 of its Organic Law, the IGSS, through employer auditors, has conducted reviews of the accounting records of the employers, under the presumption that ...
