Guatemala

Guatemala taxes its citizens and resident or non-resident individuals on their compensation attributable to services rendered in Guatemala and on other Guatemalan-source income.

Income taxes for individuals are generated by any remuneration or income in cash, whatever its denomination might be, from personal labour provided in a dependence relationship by individuals residing in the country. Income taxed under this regime shall be imputed to the period when collected by the payee or is available.

Personal income tax rates

The progressive tax rates are as follows:

* Guatemalan quetzales