San Pedro Sula, Honduras – The business sector in Honduras responded favorably to the decision made by President Juan Orlando Hernandez to restructure the Executive Directorate of Revenue (DEI) and develop a new Tax Code to strengthen the collection agency. “I think these actions will rise from 15 to 20 … Read More
Daily Archives: December 29, 2015
Honduras National Soccer League Team “Olimpia” Tax ID “RTN” Blocked by Tax Collection Agency “DEI”
Just prior to the start of the new Honduras National Soccer League season the capital’s team “Olimpia” gets bad news. They have confirmed that the Executive Directorate of Revenue (DEI) has blocked the soccer club’s “tax id” “RTN” for non-payment of some taxes. “Olimpia is the only team not able … Read More
New Honduras Tax Code Seeks Simplification
Tegucigalpa, Honduras – The new entity, which will replace the DEI, will be composed by qualified professionals who will undergo a rigorous selection process. Although details are not yet known, the revision of decrees, fees and agility in the process are those proposed by the new Honduras Tax Code. With … Read More
Director of Honduras Tax Authority Miriam Guzman: The DEI will not be Privatized
Tegucigalpa, Honduras – Miriam Guzman, head of the Honduras Executive Directorate of Revenue (DEI), stated on Monday December 28, 2015 that the institution will not be privatized and that the organization is not planning layoffs of employees. “The DEI is not being privatized nor is it true that there will … Read More
Honduras Tax Collection Authority “DEI” Exceeds 2015 Collections Target
Tegucigalpa, Honduras – Two years ago it was unrealistic to think about fulfilling the annual tax collection goal in Honduras. Today that lies behind us as for fiscal year 2-15 collections activity has exceeded 100%. As of December 16, 2015 collections amounted to 71,580 million Lempiras approximately $3.2 billion Dollars, … Read More