ISO taxpayers and crediting it against income tax
- Taxes and incentives
- Taxes: income tax, VAT and withholding
- Audited
The Solidarity Tax (ISO) is owed by those carrying out commercial or agricultural activities with a gross margin above 4% of gross income. The ISO is creditable against income tax; any balance not credited within three years becomes a deductible expense, and there is no refund of excess amounts. These rules come from PwC and from summaries of the law (leyestributariasguatemala.com, leydeguatemala.com); they were not checked article by article against the official text.
The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.
Figures
- Gross-margin threshold for being subject to the ISO
- > 4% of gross income
- Period for crediting the ISO against income tax
- 3 years; the remainder is a deductible expense
Caveat
Sources
Related records
This layer is research: read from public sources by the archive's own team, every claim cited with the date it was consulted, and audited where it is marked so. It has not entered the verified store — no figure here was fetched back from its source or stamped with a retrieval time — so it wears no red provenance numeral and never mixes with the verified figures.