On 10 June 2014, Guatemalan Government Agreement 174/2014 was published in the Office Gazette. The Government Agreement entered into force 12 June 2014, and provides fine, interest, and penalty relief for taxpayers who fulfill their outstanding tax obligations within the following limits:
- 100% relief if within the first month after 12 June 2014
- 95% relief if within the second month
- 90% relief if within the third
The relief applies regardless of the tax period the outstanding obligations aro…