Question 1

What is the VAT rate in Guatemala?

Accepted Answer

Guatemala's VAT (IVA) rate is 12%, established by Decree 27-92.

Question 2

How do I extract VAT from a price?

Accepted Answer

To extract VAT from a price that includes it, divide the total by 1.12. The difference is the VAT. Example: Q112 ÷ 1.12 = Q100 net + Q12 VAT.

Question 3

Which products are VAT-exempt?

Accepted Answer

Exempt products include: generic medicines, milk and dairy, cereals, legumes, vegetables, fresh fruits, bread, tortillas, salt, sugar, and coffee.

Calculadora IVA Guatemala