Honduras: “Great taxpayers” must adapt financial statements to IFRS for sustainability
Taxpayers classified as “great taxpayers” at end of FY2026 must adapt to IFRS before FY2028
The Technical Board of Accounting and Auditing Standards (JTNCA) published Resolution No. 006-01/2025 (dated May 3, 2025) in the official gazette, which provides that the following entities must adapt their financial statements to IFRS for sustainability before the beginning of FY2028:
- All taxpayers classified as “great taxpayers” at the end of FY2026
- Private companies or entities regulated by the National Banking and Insurance Commission or that are required to publicly report their financial statements according to IFRS
- Public companies or entities that are required to publicly report their financial statements according to IFRS
For more information, contact a KPMG tax professional in Honduras:
Luis Zelaya | lzelaya@kpmg.com