Guatemala's corporate income tax rate compared with the region

According to PwC: Guatemala 25% on profits (or 5%/7% on gross income under the optional simplified regime), with a 1% solidarity tax (ISO) creditable and acting as a de facto minimum; Costa Rica 30% (reduced brackets of 5-20% for small firms with gross income below ₡119.17 M); El Salvador 30% (25% if taxable income is US$150,000 or less); Honduras 25% plus a 5% solidarity contribution on income above L1 million (an effective burden of about 30% for medium-sized and large firms); Nicaragua 30% with a definitive minimum payment of 1-3% on gross income; the Dominican Republic 27% with a 1% asset tax as an alternative minimum; Mexico 30% federal with no general tax holidays. Guatemala has the lowest headline rate in the table, alongside the Honduran base rate.

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.