Publish in Special Reports - Thursday, March 15, 2018
Office buildings in Salvadorean capital San Salvador. The Central American nation saw a dramatic improvement in its tax climate and now ranks near the top in Latin America. (Photo: Xtremesv)
Argentina, Mexico improve; Ecuador deteriorates tax climate.
BY JOACHIM BAMRUD
For the second year in a row, Brazil is improving its tax climate by reducing the time it takes to comply with tax procedures.
However, El Salvador is the big star on the latest Latinvex ranking of Latin America’s tax climate.
The ranking, which is based on data from 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.
El Salvador was the only country that...
Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, Venezuela.