- Guatemala passed Decree 17-2025 to streamline and accelerate tax and VAT refund processes.
- Refund processing time is reduced from 60 to 30 days, with options for automatic offsetting of credits.
- New procedures allow refunds without prior audits and expand eligibility to those selling to exempt entities.
- A dedicated fund, managed by the Bank of Guatemala, will ensure resources for refunds, funded by at least 8% of daily VAT revenue.
- Monthly transparency reports are required, and suppliers with uncredited VAT balances for two years can request reimbursement.
Source: garciabodan.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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