Colombia, Peru and Mexico are the winners in 2016 Latin Tax Index

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 percent and 28.9 percent respectively. Chile requires 291 hours to complete a total of seven payments, compared with Brazil (last on the list) with nine total payments and 2,600 hours. To view and download the full ranking with each country’s tax rate, number of payments, number of hours and rate as a percentage […]

Related

Take a Look at the Top 20 Logistics Companies 3Q 2023

Explore the ranking to gauge the financial details of...

Latin Trade unveils the Financial Strength Index 3Q 2023!

Explore the index to gauge the financial prowess of...

Sales growth slowing down: Multilatina Ranking 3Q23

During the third quarter of 2023, sales of major...