Author https://blplegal.com/wp-content/uploads/2025/04/Planes-de-Acciones-para-Empleados_FOTO-Elisa-Lacs.png Elisa Lacs Senior Associate Guatemala E-mail Employee stock plans, known as stock options or employee share ownership plans (ESOPs), are a strategic tool for attracting and retaining talent. However, their tax treatment in Guatemala raises questions about their deductibility under the Income Tax (ISR). A key issue is whether these plans can be…
Category Archives: Tax
20
Mar
Mar
Starting Monday, March 17, 2025, the Personal Identification Document (DPI) will automatically become the Tax Identification Number (NIT), eliminating the need to manage a separate NIT. This measure, implemented by the Tax Administration Office (SAT) through resolution SAT-DSI-393-2025, seeks to simplify administrative and tax procedures in the country. Key Changes and Benefits: DPI Access to…
Blog, Business Law, Costa Rica, Labor & Employment, News, Tax, Telecommunications, Media & Technology
BLP advised IFX on the Acquisition of Gold Data
13
Mar
Mar
BLP advised IFX on its acquisition of Gold Data in Costa Rica, a technology company specializing in telecommunications infrastructure that provides high-quality direct connectivity throughout the Americas and the Caribbean. This transaction allows IFX to complement its portfolio of Data Centers, Cloud, Security, and Value-Added Services with significant network infrastructure. This strengthens its position as…
Blog, Costa Rica, News, Tax
Draft Resolution on the Informative Transfer Pricing Statement in Costa Rica
17
Feb
Feb
The Ministry of Finance and the General Directorate of Taxation have submitted for comment the draft resolution on the tax obligation on transfer pricing. Comments on the draft shall be submitted between February 12 and 26, 2025. This draft resolution establishes the mandatory filing of the annual informative transfer pricing statement for taxpayers engaging in…
Blog, Costa Rica, News, Tax
Extension of the deadline for the implementation of changes to electronic invoices in Costa Rica
13
Feb
Feb
By means of press release CP-08-2025 dated February 11, 2025, the Ministry of Finance extends the deadline for the implementation of modifications to electronic invoices in accordance with version 4.4 until September 1st, 2025, as established in resolution MH-DGT-RES-0027-2024. This extension aims to allow taxpayers sufficient time to implement the changes to electronic invoices, which…
16
Jan
Jan
Compliance with corporate and tax obligations is crucial for companies operating in Costa Rica. BLP’s 2025 Obligations Calendar provides an essential guide to staying on top of key legal and fiscal commitments. Adhering to current regulations helps avoid penalties, protects your company’s reputation, and ensures a strong relationship with authorities such as the Dirección General…
16
Jan
Jan
The Tax Administration Service (SAR) has issued a new requirement that will come into effect starting with the 2024 fiscal period: New Requirement: The “Financial Statement Report” must be submitted before the Income Tax Return Declaration. What does the report include? • Balance Sheet • Profit and Loss Statements Submission Deadlines: • From January 1…
06
Dec
Dec
On December 3, 2024, Executive Decree No. 44772-H was published, updating the income tax brackets applicable for the 2025 fiscal period, as detailed below: Salary Tax Gross salary from: To Rate $0.0 ₡922.000,00 ($1,814.00 Approx.) 0% ₡922.000,00 ($1,814.00 Approx.) ₡1.352.000,00 ($2,660.00 Approx.) 10% ₡1.352.000,00 ($2,660.00 Approx.) ₡2.373.000,00 ($4,668.00 Approx.) 15% ₡2.373.000,00 ($4,668.00 Approx.) ₡4.745.000,00 ($9,334,00…
Agribusiness, Blog, Guatemala, News, Tax
New Framework Law for the Integration of the Primary and Agricultural Sector in Guatemala
05
Dec
Dec
The Congress of the Republic has approved Decree 31-2024, the Framework Law for the Integration of the Primary and Agricultural Sector. This innovative legislation consolidates the tax collection framework for the primary and agricultural sectors into a single legal text. The initiative aims to address economic distortions in the tax chain caused by a lack…
21
Nov
Nov
Law No. 10600, “Fiscal Treatment of Infrastructure Trusts,” was published in La Gaceta #218, which amends articles 3 and 28 of the Income Tax Law, No. 7092. The Law establishes that infrastructure trusts will not be subject to Income or Capital Income Tax. This modification took effect on November 20, 2024. For more information, contact…