New Income Tax Law proposed in Costa Rica
| | | | | | | | | |

New Income Tax Law proposed in Costa Rica

On May 18, 2023 the Executive Branch submitted five bills to the Legislative Assembly related to fiscal and public finance matters. The aforementioned bills are: File 23759: Modification of the Tax Code regarding joint and several liability in tax matters. File 23760: New Income Tax Law. File 23761: New Vehicle Property Tax Law. File 23762:…

Crimes and Misdemeanors in Migratory Matters in Central America
| | | | | | | | | | | | | |

Crimes and Misdemeanors in Migratory Matters in Central America

There are several crimes and administrative offenses that may be incurred in immigration matters. Within the Central American region, these offenses are punished in different ways, depending on the seriousness of the case. The regulating and sanctioning entity in the countries of El Salvador, Nicaragua, Costa Rica, and Honduras is the Directorate of Migration and…

The myth of fiscal regressiveness in Honduras
| | | | | | | | | |

The myth of fiscal regressiveness in Honduras

Sophists were ancient Greek philosophers who, among other things, taught the art of the use of words. Their methods were not always entirely ethical, and it is said that they practiced the art of presenting the false as true. A sophism, therefore, is an argument that appears to be true, but which at bottom is…

The right to employment for individuals with disabilities in El Salvador
| | | | | | | | | |

The right to employment for individuals with disabilities in El Salvador

By: Carlos Rodriguez El Salvador ratified Convention 111 of the International Labor Organization (ILO) in 1995, which in its Art 5, establishes that special measures for the protection of vulnerable people, including people with disabilities, are not discriminatory; therefore, it has enacted a diverse legislation that tends to apply these favorable measures for people with…

Self-Employed workers law in Costa Rica
| | | | | | | | | |

Self-Employed workers law in Costa Rica

In the absence of publication in the Official Gazette La Gaceta, the “Law of the Self-Employed Worker” is already a reality. The new regulation is composed of only two articles and two transitory articles; however, its content brings substantial changes in favor of thousands of independent workers. The first article of the law defines an…

How to choose witnesses for an arbitration in Guatemala?
| | | | | | | | | |

How to choose witnesses for an arbitration in Guatemala?

By: Elías Arriaza It is possible that the story told by the plaintiff in its claim is in direct contradiction with the version of the facts asserted by the defendant. In such cases, the Arbitral Tribunal will have a special interest in the evidence provided in order to discover the truth, i.e., what really happened….

Global Taxes: The OECD’s Plans in El Salvador(part 2)
| | | | | | | | | | | | | | |

Global Taxes: The OECD’s Plans in El Salvador(part 2)

By: Gonzalo Manzano In a previous installment (see here), we discussed the evolution of the Organization for Economic Trade and Development (OECD) in reducing competition between different tax jurisdictions through the global standardization of tax rules, and in changing the policy that determines where companies must pay their taxes. The creation of the “BEPS Plan”…

Tax penalties in Guatemala
| | | | | | | | |

Tax penalties in Guatemala

By: Mario E. Archila In tax matters it is customary, in a cold and objective manner, to apply a penalty by “default“. However, this position must be rejected every time there are external elements that would make the penalty rule inapplicable, in this way, effectively, it is understood that we are in a system of…

Joint and several liability in labor matters in Honduras
| | | | | | | | | |

Joint and several liability in labor matters in Honduras

By: Susan Perdomo From the labor field, the needs of commerce have generated the creation of schemes for the rendering of services other than the one known as “employer – employee” relationship. These needs of the market have allowed the emergence of other figures such as intermediaries, contractors, and/or outsourcing, including the so-called employment agencies….

Distributed generation of renewable energies for self-consumption and electric mobility in Nicaragua
| |

Distributed generation of renewable energies for self-consumption and electric mobility in Nicaragua

By: Silvio Argüello y Daniela Matus It is well known that worldwide there is a clear and important trend to promote the use of sustainable technologies in power generation, and that, in turn, contribute to the reduction of greenhouse gases and combat climate change. This trend is not indifferent in Nicaragua and its future projection…

Challenges and opportunities of liquefied gas for power generation in the Central American region
| | | | | | |

Challenges and opportunities of liquefied gas for power generation in the Central American region

By: María Alejandra Tulipano and Gustavo Vega Regional energy strategies and sustainable development objectives in the countries of the Central American region have as a priority the diversification of their energy matrices. In this context, the alternatives for diversification include the participation of renewable energies, such as solar, wind and geothermal; as well as the…

“Global” Taxes: The OECD’s Plans (part 1)
| | | | | | | | | | | |

“Global” Taxes: The OECD’s Plans (part 1)

By: Gonzalo Manzano With the frenetic, progressive, and massive irruption of the Internet in the world, business paradigms worldwide began to change drastically. With connectivity, it is no longer necessary to wait months to receive an answer to a business offer, nor is it necessary to mobilize large amounts of bills in briefcases to pay…