Taking a product to its destination is a necessary and useful task in commerce and requires a broad duty of control for those who engage in this type of activity. Import and export acts are subject to a series of formalities and requirements that depend on the good performance of several individuals who have different…
By: David Erales As a general premise, exports of merchandise are exempt from Value Added Tax, which means that the tax generated by such sales abroad does not trigger the tax obligation to pay the tax. Article 2 of the Value Added Tax Law (VAT), paragraph 4, defines exports of goods as: “4) Export of…
We hereby bring to your attention: By means of Resolution issued by the Council of Ministers of Central American Economic Integration, No. 449-2021 dated June 30, 2021, the Resolution of Modification by Total Substitution of the Central American Regulation on the Origin of Goods was issued, which, was published in the Official Gazette number 186,…