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Tax transparency progressing well in Latin America but further improvements needed

Data and research on exchange of information, including tax avoidance, Foreign Account Tax Compliance Act (FATCA), Automatic Exchange of Financial Account Information, OECD Model Tax Convention, TRACE, Published today during the opening session of the sixth meeting of the Punta del Este Declaration Initiative held in San José, Costa Rica, Tax Transparency in Latin America 2022 showcases the region s recent progress in tackling tax evasion and other financial crimes through transparency and exchange of information for tax purposes.

Tax Transparency in Latin America 2022: Punta del Este Declaration Progress Report

Tax Transparency in Latin America is a key output of the Punta del Este Declaration, a Latin American initiative established in 2018 to tackle tax evasion, corruption and other financial crimes through transparency and exchange of information for tax purposes. The 2022 edition covers 16 Latin American countries and aims to inform decision makers and citizens on the latest progress and remaining challenges in the region.

Tax Revenues in Latin America and the Caribbean Take a Historic Hit before Showing Early Signs of Recovery | Press Release | Economic Commission for Latin America and the Caribbean

IDB says tax revenues in LAC showing signs of recovery after taking historic hit

WASHINGTON, United States (CMC) The Inter-American Development Bank (IDB) says tax revenues in Latin America and the Caribbean (LAC) fell by eight per cent on average in nominal terms and by 0.8 per.

Tax revenues recovering in LAC

Tax revenues in Latin America and the Caribbean (LAC), which had taken a hit since the novel coronavirus pandemic, have began to show signs of recovery following a rebound in commodity prices .

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