Isr

Honduran salaried employees can request refunds of excess income tax (ISR) withheld from their paychecks through the tax authority (SAR) by submitting required documents including pay stubs, proof of withholding, and a formal application.

Dante Mossi, former president of the Central American Bank for Economic Integration, criticized a proposed reform excluding bonuses from income-tax calculations, warning it could enable employers to reclassify wages as tax-free bonuses and erode government revenue.

Congress is considering a reform to exclude performance bonuses, gratuities, and overtime pay from income-tax calculations, a move an economist says would reward worker effort but warns could enable tax evasion without proper state oversight.