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Tax revenues in Latin America and the Caribbean rose modestly before being hit hard by the COVID-19 crisis


Tax revenues in Latin America and the Caribbean rose modestly before being hit hard by the COVID-19 crisis
 
22/04/2021 – Tax revenues rose moderately across Latin America and the Caribbean (LAC) in 2019 before declining sharply in 2020 as the COVID-19 pandemic drove down global economic activity, according to new analysis released today.
 
Revenue Statistics in Latin America and the Caribbean 2021 shows that the average tax-to-GDP ratio in the LAC region rose to 22.9% in 2019, an increase of 0.3 percentage points, due largely to increases in the Caribbean sub-region. Although the COVID-19 pandemic subsequently caused a sharp decline in tax and resource revenues in 2020, the report identifies the key role of fiscal policy in the region’s response to the pandemic and considers how tax policy can contribute to a green and inclusive recovery. ....

United States , Antigua And Barbuda , American Center , European Union Regional Facility For Development , Organisation For Economic , Development Centre , Centre For Tax , Economic Commission For Latin America , American Development Bank , Latin America , South America , Central America , Inter American Center , Tax Administrations , Economic Commission , Inter American Development Bank , Economic Cooperation , Tax Policy , European Union , Regional Facility , ஒன்றுபட்டது மாநிலங்களில் , ஆன்டிகுவா மற்றும் பார்புடா , அமெரிக்கன் மையம் , ஐரோப்பிய தொழிற்சங்கம் பிராந்திய வசதி க்கு வளர்ச்சி , ஆர்கநைஸேஶந் க்கு பொருளாதார , வளர்ச்சி மையம் ,

Tax revenues in Latin America and Caribbean rose modestly before being hit hard by COVID-19 crisis


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Tax revenues in Latin America and Caribbean rose modestly before being hit hard by COVID-19 crisis
Report Revenue Statistics in Latin America and the Caribbean 2021, produced by ECLAC,OECD, IDB and CIAT.
Tax revenues rose moderately across Latin America and the Caribbean (LAC) in 2019 before declining sharply in 2020 as the COVID-19 pandemic drove down global economic activity, according to new analysis released today.
Revenue Statistics in Latin America and the Caribbean 2021 shows that the average tax-to-GDP ratio in the LAC region rose to 22.9% in 2019, an increase of 0.3 percentage points, due largely to increases in the Caribbean sub-region. Although the COVID-19 pandemic subsequently caused a sharp decline in tax and resource revenues in 2020, the report identifies the key role of fiscal policy in the region’s response to the pandemic and considers how tax policy can contribute to a green and inclusive recovery. ....

United States , Antigua And Barbuda , American Center , European Union Regional Facility For Development , Organisation For Economic , Development Centre , Centre For Tax , Economic Commission For Latin America , American Development Bank , Report Revenue Statistics , Latin America , South America , Central America , Inter American Center , Tax Administrations , Economic Commission , Inter American Development Bank , Economic Cooperation , Tax Policy , European Union , Regional Facility , ஒன்றுபட்டது மாநிலங்களில் , ஆன்டிகுவா மற்றும் பார்புடா , அமெரிக்கன் மையம் , ஐரோப்பிய தொழிற்சங்கம் பிராந்திய வசதி க்கு வளர்ச்சி , ஆர்கநைஸேஶந் க்கு பொருளாதார ,