On 6 October 2018, Honduras published, in the Official Gazette, Decree
No. 51-2018, which extends the deadline for taxpayers to apply for the tax amnesty program for 60 business days, starting from the day of its publication.

In general, the amnesty program allows taxpayers to file tax returns and information returns, and to modify returns already filed without the imposition of penalties, surcharges and interest on taxes incurred up to 31 December 2017.

Additionally, taxpayers can obtain a certificate or final stamp from the tax authorities by making a payment of 1.5% of the gross income for the year that registered the highest gross income according to the annual income tax returns for the years 2013, 2014, 2015 and 2016 (Regularization Period).

Taxpayers must file a request with tax authorities (and customs authorities if the taxpayer has filed customs returns) to make this 1.5% payment and obtain the certificate or final stamp. Once the taxpayer pays the 1.5%, the tax authorities (and custom authorities, if applicable) can no longer carry out an audit for the tax years included in the Regularization Period.

For additional information with respect to this Alert, please contact the following:

Ernst & Young, S.A., San José, Costa Rica

• Rafael Sayagues | rafael.sayagues@cr.ey.com
• Juan Carlos Chavarría | juan-carlos.chavarria@cr.ey.com
• Antonio Ruiz | antonio.ruiz@cr.ey.com
• Guillermo Leandro | guillermo.leandro@cr.ey.com
• Alexandre Barbellion | alexandre.barbellion@cr.ey.com

Ernst & Young LLP, Latin American Business Center, New York

• Ana Mingramm | ana.mingramm@ey.com
• Enrique Perez Grovas | enrique.perezgrovas@ey.com
• Pablo Wejcman | pablo.wejcman@ey.com

Ernst & Young LLP (United Kingdom), Latin American Business Center, London

• Jose Padilla | jpadilla@uk.ey.com

Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific

• Raul Moreno, Tokyo | raul.moreno@jp.ey.com
• Luis Coronado, Singapore | luis.coronado@sg.ey.com 

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