Guatemala: Textiles have their Tax Exemption Canceled

©image: Derek Blackadder

The Ministry canceled the benefits conferred by Decree Law 29-89 to both companies after receiving a complaint from the Ministry of Labor.

Resolutions (117-2011 and 118 - 2011) "... are the first to be executed due to lack of compliance with labor laws, but do not prevent companies to reapply and qualify to operate under special arrangements again," stated to Elperiodico.com.gt, Abel Cruz, Deputy Minister of Economy.

Source: elperiodico.com.gt

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