Interesting changes are taking place in the Honduran market, thanks to technological advances in the electric power sector, where consumers and commercial/industrial companies can install self-consumption electrical energy systems in order to reduce usage, protect the environment and especially to reduce the amount of the electric bill. This practice is being implemented by entry into force…
Category Archives: Blog
Repeal of the Tax on Financial Transaction Law On May 28, 2018, the Supreme Court of Justice repealed the Tax on Financial Transactions Law (“TFTL”) which levies upon financial operations undertaken in El Salvador. The Supreme Court argued that the Legislative Assembly had violated the constitutional procedure for enacting laws because the text of the…
Acceptance of the Bill Proposed by the Costa Rican Ministry of Treasury On November 23, 2018, the Constitutional Chamber of the Supreme Court of Justice confirmed that the Bill entitled Tax Reform – Law of Strengthening of Public Finances has no vices of unconstitutionality; therefore, the Bill will continue its process until it becomes the Law of the Republic, which…
Social media represent new challenges for those of us who work in the field of Intellectual Property. The unauthorized use of trademarks and their counterfeiting occur today in an environment that requires a different approach. Social media, and particularly Instagram is the new “go to location” for the promotion and development of brands, through full interaction with consumers…
Due to the reform of the Tax Agreement Law published on February 28, 2019, the tax burden on the importation of juices, soft drinks, and energy drinks increased both in the Value Added Tax (VAT) and in the Selective Consumption Tax (ISC): a) Value Added Tax Previously the tax was calculated on the customs value…
Tax Reform – Acceptance of the Bill Proposed by the Ministry of Treasury The special commission created for the approval of the tax reform, Bill N° 20580 – Law for the Improvement of Public Finances (the Bill), accepted, with votes from PLN, PAC, and PUSC, the proposed bill by the Ministry of Treasury a few…
“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…
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…
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…
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…

