Daily News August 4, 2016

EXCLUSIVE: Colombia, Peru and Mexico are 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. View and download the full ranking with each country’s tax rate, number of payments, number of hours, rate as a percentage of profits and the winners and losers, at Latin Trade. Argentina won’t make savage reforms: Finance Minister Argentine President Mauricio Macri’s free-market reforms are designed to kickstart a stalled economy but will not subject local businesses to a “savage opening” […]

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