GUATEMALA has signed the Multilateral
Convention on Mutual Administrative Assistance in Tax Matters allowing it to be
removed from the list of countries that have not yet substantially implemented
the internationally agreed tax standard.
Guatemala is the second Central
American country, after Costa Rica, to sign since the Convention was opened for
signature to all countries in June 2011.
Signing the Convention,
Guatemala’s Vice-Minister of Public Finance, Dorval Carias said, “This will
enable our tax administration to engage in effective exchange of information
with a growing number of countries including some of Guatemala's most important
trading partners. It also strengthens our tax system and sends a clear signal to
the international community that Guatemala is committed to joining the network
of countries that collaborate to fight international tax
evasion."
Current signatories to the amended Convention are: Argentina, Australia,
Belgium, Brazil, Canada, Colombia, Costa Rica, Czech Republic, Denmark, Finland,
France, Georgia, Germany, Ghana, Greece, Iceland, India, Indonesia, Ireland,
Italy, Japan, Korea, Malta, Mexico, Moldova, Netherlands, New Zealand, Norway,
Poland, Portugal, Romania, Russia, Slovenia, South Africa, Spain, Sweden,
Turkey, Tunisia, Ukraine, United Kingdom, and United States.
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