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International Monetary Fund insists on new law to curb tax evasion in Honduras

Thursday, May 19, 2011


The visiting mission from the International Monetary Fund took only 90 minutes, during a visit to the Honduran revenue service, that a new law to beat tax evasion is urgent.

According to estimates, evasion amounts to some $500 million a year to the Honduran treasury.

The mission said that Honduras can easily meet its target for tax collection if evasion can be overcome.

 

Original source (in Spanish): El Heraldo