- Internacional
- noviembre 14, 2012
Latin America: Tax revenues are rising, but still low
Consumption taxes in LA weigh more than in OECD’s countries.
Tax revenues in Latin American countries are lower as a proportion of their national incomes than in most OECD countries, but are rising slowly. Revenue Statistics in Latin America shows that the average tax revenue to GDP ratio in the 15 Latin American countries covered by the report increased from 19% in 2009 to 19.4% in 2010, after falling from a high point of 19.7% in 2008.
