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Guatemala - Overview and introduction

Guatemala - Overview and introduction

Taxation of international executives

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If an individual’s length of stay in Guatemala is less than 12 months, taxable income is projected to a complete year and the tax liability calculated on that value and prorated to the actual period of the stay. The entire amount of taxable income is subject to the rate applicable to the bracket in which total taxable income falls.


Residents and non-residents are taxed on Guatemalan-source income only.


The official currency of Guatemala is the Guatemalan Quetzal (GTQ).


Herein, the host country refers to the country to which the employee is assigned. The home country refers to the country where the assignee lives when he/she is not on assignment.


© 2019 KPMG de Guatemala, S.A, a Guatemala corporation and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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