According to a statement from the Superintendency of Tax Administration -SAT-, as of September 2020, the inspection process regarding Transfer Prices corresponding to the fiscal period 2019 will begin. The aforementioned process will begin with the first request for information, which will be sent to taxpayers who have carried out operations with related parties abroad during that period. The foregoing implies the presentation of the Transfer Pricing Study for the fiscal period 2019.
In previous years, SAT has requested in the first requirement, a CD that must contain the aforementioned Study, financial statements of the taxpayer and comparable information, among other information, granting a period of twenty (20) business days for compliance with the indicated in said requirement.
Guatemala, 27 August 2020