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What is the rate of the Tax on Transfer of Personal Goods and Services (ITBMS) in Panama?
The ITBMS rate is 7% on most transactions of goods and services, but there are exceptions.
Can I obtain an Identity Card in Honduras if I am an unaccompanied minor?
Unaccompanied minors can obtain an Identity Card in Honduras. The process may involve additional requirements and the intervention of institutions in charge of protecting the rights of children and adolescents.
What is KYC and what is its relevance in El Salvador?
KYC, or "Know Your Customer", refers to the procedures that financial institutions and other entities must follow to verify and know the identity of their customers. In El Salvador, it is essential to prevent money laundering and terrorist financing, and guarantee the integrity of the financial system.
What happens if the Food Debtor is in prison in the Dominican Republic? Do you still have to pay child support?
If the Support Debtor is in prison in the Dominican Republic, he or she generally still must comply with child support, unless there is a court order temporarily suspending obligations due to the prison situation. Failure to comply with child support can lead to additional penalties, even while the debtor is in prison.
What are the formalities required for the validity of a sales contract in El Salvador?
Contracts can be verbal or written, although some, such as real estate contracts, must be in writing and formalized before a notary.
How can I request a customs tax exemption in Guatemala?
To request an exemption from customs taxes in Guatemala, you must submit an application to the Superintendency of Tax Administration (SAT), providing documentation that supports the exemption, such as exemption certificates, international trade agreements, among others. The SAT will evaluate the request and, if approved, will issue the corresponding exemption resolution.
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