Taxation in Latin America: Structural Trends and Impact of Administration

33 Pages Posted: 10 Feb 2006

See all articles by Parthasarathi Shome

Parthasarathi Shome

International Tax Research and Analysis Foundation; London School of Economics - Law Department

Date Written: February 1999

Abstract

From the mid-1980s to early 1990s, Latin American tax policy provided rich lessons for other reforming countries. Meaningful innovations led also to perceptible revenue gains. Later in the 1990s, tax policies began to drift. Shining examples of fundamental reform seemed to lose their luster. Revenue in terms of GDP also stagnated, partly reflecting over-reliance on consumption taxes and neglect of taxable capacity on incomes. The stagnation has been exacerbated by excessively simplified administrative practices. Based on these developments and on the limited taxability of internationally mobile capital, the paper anticipates a likely tax structure for the new century.

Keywords: Latin America, taxation trends, tax policy, tax administration

JEL Classification: H2, H24, H25, H27, H29, H87

Suggested Citation

Shome, Parthasarathi, Taxation in Latin America: Structural Trends and Impact of Administration (February 1999). Available at SSRN: https://ssrn.com/abstract=880546 or http://dx.doi.org/10.2139/ssrn.880546

Parthasarathi Shome (Contact Author)

International Tax Research and Analysis Foundation

London School of Economics - Law Department

Houghton Street
London WC2A 2AE, WC2A 2AE
United Kingdom

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