Publish in Special Reports - Tuesday, September 25, 2012
Brazil, here represented by the popular business office complex Nações Unidas in Sao Paulo, has one of the highest corporate tax rates in Latin America. (Photo: Tatiana Sapateiro)
Paraguay and Chile have the lowest rates.
BY LATINVEX STAFF
Brazil is among the four countries in Latin America with the highest corporate tax rates, according to a Latinvex analysis of data for 20 nations from KPMG and the Heritage Foundation.
Only two countries – Argentina and Honduras – have higher rates than Brazil. Meanwhile, Venezuela has the same high rate as Brazil.
On the opposite end are countries like Paraguay and Chile.
Mexico’s rate is ...
Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, Venezuela
CHART: Corporate tax rates 2012 for 20 countries in Latin America