Transfer Pricing in Honduras
Taxpayer Classification Update
According to Agreement No. SAR-125-2022 published on May 10, 2022, the classification of tax obligors into “Large” and “Medium” enterprises was updated.
To this end, the Revenue Administration Service (SAR) has determined a list of criteria considered for the new classification of tax obligors, such as:
- Internal Tax Collection.
- Taxable Gross Income.
- Sales Tax Fiscal Debit.
- Importation of Goods.
- Total Assets.
- Withholding Agents.
- Strategic Variables.
Tax obligors not detailed in the agreement will initially be categorized as “Small.” It should be noted that the provisions will come into effect starting January 1, 2023.
In this regard, taxpayers who are reclassified as “Large” or “Medium” enterprises must consider the new tax obligations, such as the obligation to file the Annual Informative Sworn Statement on Transfer Pricing.
Offices in Honduras
- contacto@tpcgroup-int.com
Latest News
Increased Transfer Pricing controls in Honduras
June 4, 20227,655 MSMEs covered by Tax Exemption Law
September 14, 2021Increase in the Registration of new companies in San Pedro Sula
September 2, 2021
Transfer Pricing Ranking 2024
We are pleased to inform you that we belong to the 2024 Ranking of Transfer Prices by World TP in Honduras