Taxation of international executives
For the purposes of this publication, a short-term assignment is defined as an assignment that lasts for less than 1 year.
Are there special residency considerations for short-term assignments?
Any foreign individual is considered resident after 183 days living in Guatemala.
Are there special payroll considerations for short-term assignments?
They should not be part of the local payroll before 183 days living in Guatemala.
What income will be taxed during short-term assignments?
All remunerations received during the assignment would be taxable.
Are there any additional considerations that should be considered before initiating a short-term assignment in Guatemala?
All information contained in this document is summarized by KPMG Tax and Legal Advisers, the Guatemala member firm affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity, based on Decree No. 10-2012 Income Tax Law and subsequent amendments.
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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.