Panamá aims to increase tax collection through tecnology improving
The Panama´s Tax Revenue Service (DGI) is looking to improve tax collection developing new technology; the DGI calculates that between $300 and $500 million worth of tax goes unpaid each year. The DGI is requiring the use of cash registers with fiscal printing capability because the amount of sales tax evasion is difficult to estimate but establishing the use of cash registers there will be more control.
On the other hand in Honduras, the tax collection increase; the closure of duty-free stores in land based customs, hotels and shopping centers is thought to be the reason for the rise. In February 2010, the Honduran Tax Revenue Service board of directors suspended the contracts of tax-free shopping stores
Loading ...