Please enable JavaScript.
Coggle requires JavaScript to display documents.
Legislation and Tax Practice - Coggle Diagram
Legislation and Tax Practice
Income Tax
Tax Declarations, Reports and Settlements
All taxpayers are required to file, personally or through
of attorney or representative, an affidavit of income
may be rendered on forms
made by the General Directorate of Revenue
will be prepared and endorsed by a
Public Accountant
Payment, Withholding and Prescription of Tax
the amount of the tax can be
paid in one cash or in three (3) equal items
The tax withholding payment system is established
Exemptions and Deductions
They will not cause the tax.
State income
Church incomes
The income of natural or legal persons that by virtue of Public Treaties
Purpose, Subject and Tax Rate
The taxable income that is produced is the object of this tax
Property tax
Date and Places of Payment of the Tax and its Prescription
The tax corresponding to one (1) year may be paid in three (3)
quotas or games.
When the amount of the annual tax does not exceed ten balboas (B / .10.00) the payment is
will do in a single game,
Payment of the tax will preferably be made at the Collection Office
General disposition
Purpose, Subject and Tax Rate
All the land located in the
jurisdictional territory of the Republic,
buildings
edifice
Are exempt from this tax
private schools
cults
Those of the State
Sanctions.
Fines will be imposed ex officio or pursuant to a complaint by the Commission
Cadastral
ITBMS
Tax Subject
taxpayers
Natural persons, companies with or without legal status
The importer for his own account or for others
Tax Base and Rate
constitutes the price
imports
Object of the Tax
Exceptions and Other Provisions.
Import and Export Tax
Rights and obligations
customs offenses
fraud
smuggling
faults
Tax return.
Legislation Study
Non-traditional products
Non-traditional products are not considered:
Coffee in gold (grain)
Cattle meat
Cane sugar
Foreign Legislation.
Import
Export