Aceros de Guatemala Case: Successful Implementation of Integrated Verifier to Strengthen Tax Compliance
Strategic Alliance between SAT and AG
Corporación Aceros de Guatemala (AG), in a strategic collaboration with the Superintendencia de Administración Tributaria (SAT), has successfully implemented the Integrated Verifier system. The main objective of this system, signed in an agreement on August 8, is to validate in real time the authenticity of purchase invoices and the tax status of suppliers with whom AG carries out commercial transactions.
Innovation and Tax Leadership
AG is positioned as a leader in tax innovation by being the first company in the steel industry to massively implement this system. For Gabriela Roca, AG’s director of corporate affairs and sustainability, this case reflects the company’s commitment to a transparent and robust tax culture that contributes to the well-being and prosperity of Guatemalan society.
Ease of Use and Safety Guaranteed
The Integrated Verifier stands out for its user-friendly interface and the high IT security standards guaranteed by SAT. According to Oscar Hernandez, Intendant of Taxation, this tool not only facilitates the validation of tax documents, but also strengthens the tax base and promotes fair competition in the market.
Continuous Validation to Ensure Tax Compliance
Fabiola María López Ramírez, AG’s accounting manager, explains how the Integrated Verifier enables continuous validation of suppliers’ tax documents, ensuring that commercial transactions are carried out in compliance with legal regulations. This technological tool provides greater legal certainty for both AG and its suppliers.
Query and Cybersecurity Optimization
The implementation of the Integrated Verifier has optimized the tax consultation process, allowing massive taxpayer consultations in an efficient and transparent manner. Claudio Aguerriberry, AG’s technology solutions manager, emphasizes that the system has robust cybersecurity measures, guaranteeing the protection of the company’s sensitive information and that of its employees.
Governance and Compliance
Regarding the governance of accounting operations, AG has strengthened its internal controls by implementing an integrated management system that includes disciplines such as environment, sustainability, quality and anti-bribery. This strategy ensures that AG’s financial operations are aligned with best practices and current legislation.
Conclusion
In summary, the Aceros de Guatemala case represents an important milestone in the company’s commitment to tax compliance and transparency in its operations. This initiative not only strengthens AG’s position as a leader in its sector, but also promotes a culture of compliance in the Guatemalan market.