Honduras advances in tax evasion and fraud

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In the month of July 2022, the State of Honduras signed the Agreement on Mutual Administrative Assistance in Tax Matters of the ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT (OECD in Spanish) . The officials appointed by the Honduran government to carry out said work were the Chancellor of the Republic and the Minister Director of the Revenue Administration Service (SAR); who, in the company of Ulrik Vestergaard Knudsen, the Deputy Secretary General of the OECD, signed said document at the OECD headquarters.

The Convention on Mutual Administrative Assistance in Tax Matters was initially prepared by the OECD in conjunction with the Council of Europe in 1988, and was subsequently modified in 2010. This document is considered the most comprehensive multilateral instrument to combat tax evasion. fiscal; likewise, it is available in English, French, German, Spanish and Portuguese [1] , and currently has 146 jurisdictions subscribed to it, including Honduras directly.

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