Amendment to Executive Decree No. 32458-H, regarding collection of General Sales Tax in the sale of new and used cars

October 27, 2016

Customs & Global Trade Flash

Through Executive Decree No. 39927-H published on September 21st in the digital edition 226 of the Official Gazette, the Presidency and the Ministry of Finance informed on the reform of the Executive Decree No. 32458-H, regarding collection of General Sales Tax in the sale of new and used cars, to ensure their control and collection. The reform includes some changes, being the most important the inclution of Article 2 bis, which limits the import of new vehicles whose model corresponds to the following year of the calendar year, only from September 1st of the calendar year .

These changes come into effect from October 21, 2016.

Our team of experts

Carla Coghi
Tax & legal
Silvia González
Senior Manager
Tax & Legal
Jaime Morales
Tax & Legal

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