Honduras: Reduced Tax on Card Purchases

The refund, which will take place automatically, applies to all purchases made with credit or debit cards for goods or services subject to sales tax.

Proceso Digital reported statements by Executive Directorate of Revenue (DEI in Spanish), Oswaldo José Guillén, who said, "when a person buys an item subject to the top 12% tax, a discount of 8% will be automatically applied. "

The decree entitled ‘Law on Efficiency of Public Expenditure and Revenue’, is awaiting approval by the National Congress.

Source: proceso.hn

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