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| Taxes in Guatemala |
Although Guatemala, as is the case in many Latin American countries, has numerous taxes, there are some potentially valuable exclusions. Income tax, which is calculated from gross income, excludes interest from bonds or titles of the government and its agencies, dividends, including stock dividends, and benefits which had already been taxed in another form in the same period. More importantly, Guatemala follows the Latin American tradition of only taxing income from sources within the country, so a person living in Guatemala with all of their income coming from abroad is totally exempt. For some individuals, these exclusions can lead to large tax savings. If you have a question - either call your travel agent or Sagitar Travel. There is a airport tax. |
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