Posts Tagged ‘Latin America’

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The Inter-American Development Bank (IDB) approved $45.8 million in financing to support Honduras’ fiscal reform, which seeks to bolster macroeconomic stability and restore sustainable growth by modernizing the tax system and improving state utility revenues.

The recent boom and bust in commodity prices has raised concerns about the impact of volatile commodity prices on Latin American countries’ fiscal positions. Using a novel quarterly data set-which includes unique country-specific commodity price indices and a comprehensive measure of public expenditures-this paper analyzes the dynamic effects of commodity price fluctuations on fiscal revenues […]

Brazil has Latin America’s worst tax environment while Chile has the best, the Latin Tax Index shows.

The Internal Revenue Service (IRS) announced today that tax revenues in the first quarter was U.S. $ 1,908 million, 29% more than the income earned in the same period in 2009, when this figure reached U.S. $ 1.481 million




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