Latin Tax Index
Peru's Finance Minister Luis Miguel Castilla. Peru was one of the best performers in the 2016 Tax Index. Photo: Inter-American Dialogue/Flickr
Pacific Alliance members Colombia, Peru and Mexico made the most improvements in this year’s Latin Trade Tax Index. In all three cases, corporate tax rate as a percentage of profits went down, while Peru and Mexico cut down the number of hours companies spend on tax procedures. Although once again at number one, Chile’s corporate tax rate and rate as percentage of profits went up by 24…
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