Photo: SAT

Between November and December, auditors from the Superintendency of Tax Administration (SAT) will set out again as part of a second major business audit program to verify that they are issuing respective invoices.

The year-end season records the highest peak sales, so for the Treasury it is also the main period for income from tax payments.

102 billion quetzales will be collected this year in taxes.

The Mayor’s Office will delegate personnel throughout the country and they will arrive without prior notice, but have been identified, said the head of this agency, Marco Livio Díaz.

The first tax verification visit to a commercial company was carried out in July, after the payment of 14 bonuses to workers by employers. This is the second season with the highest sales, after Christmas and New Year.

The official stated that analysis of the attendance results is still in process, in order to update taxpayers who have more than one problem or omission. Many of these companies are not registered in the tax system and some have irregularities in their accounting processes, because they do not issue tax documents for all the transactions they carry out; Now they are catching up.

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During the audit, SAT delegates request from those affected the payment of taxes, documents such as the Unified Tax Registry, financial statements, comparisons of sales versus purchases and
VAT declaration.

Currently, the person in charge of the SAT stated that the collection target set this year will be exceeded. For the first time in history, tax revenues will exceed 100 billion.

Díaz said the collection would reach around 102 billion quetzales. Compared to 2023, this means an increase of around 10 percent.

He also said that the planned revenue ceiling in next year’s budget would be achieved (108 billion).