Publish in Special Reports - Wednesday, April 20, 2016
Chilean president Michelle Bachelet has increased corporate taxes from 20 percent in 2014 to 24 percent this year and 25 percent next year. (Photo: Chile's Government)
Chile sees worst decline in tax score after increasing corporate taxes.
BY LATINVEX STAFF
Costa Rica and Guatemala improved their tax environments and now rank among the best four countries in Latin America, according to the latest ranking from Latinvex.
The ranking, which is based on data from PwC, KPMG and The World Bank, measures the tax environment in 18 countries based on corporate tax rate and time and number of payments necessary to comply with tax regulations.
Latin America overall saw an improvement in its tax climate, thanks to better scores from seven countries. They helped offset deteriorations in ...
Article Keywords: Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Guatemala, Honduras, Peru, Uruguay, Venezuela
Ranking Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Peru, Uruguay, Venezuela