Better use of energy taxes could strengthen developing country finances while cutting pollution
Developing countries could raise much-needed public revenues, while cutting emissions and air pollution, by making better use of energy taxes and reducing energy subsidies, according to a new OECD report released on 25 January 2021. The release of the report has been announced by the OECD with a press release dated 25 January 2021. Furthermore from the press release: Taxing Energy Use for Sustainable Development: Opportunities for energy tax and ...
Latin America and the Caribbean: Tax revenue gains under threat amid deteriorating regional outlook
Tax revenues in Latin America and the Caribbean (LAC) increased to 23.1% of GDP on average in 2018, according to the new edition of Revenue Statistics in Latin America in the Caribbean published yesterday. However, these gains are now under threat as a result of the region’s deteriorating fiscal outlook, which has been exacerbated by the COVID-19 pandemic and the global economic crisis. The release was announced in a press release on ...
Latin America and the Caribbean: Public revenues rebound in 2017 after dip in 2016
The average tax-to-GDP ratio in Latin America and the Caribbean (LAC) rose to 22.8% in 2017, a gain of 0.2 percentage points from 2016, according to Revenue Statistics in Latin America and the Caribbean 2019. The report, launched on 25 March 2019 at the XXXI Regional Fiscal Seminar in Santiago, Chile, finds that the rebound was primarily driven by Caribbean countries and in particular Guyana and Barbados, on the back ...
Latin America and the Caribbean: Tax revenues expected to recover after dip in 2016
Tax revenues in Latin America and the Caribbean (LAC) dipped in 2016, falling further behind average OECD country levels, but a recovery is likely in subsequent years, according to Revenue Statistics in Latin America and the Caribbean 1990-2016 / Estadísticas tributarias en América Latina y el Caribe 1990-2016. The average tax-to-GDP ratio stood at 22.7% in 2016, a fall of 0.3 percentage points since 2015, the report says. This was announced ...
Report Revenue Statistics in Latin America and the Caribbean 2017 presented on 23 March 2017 in Santiago: “Tax revenues continue to rise despite lower economic growth”
As announced earlier – see our article nr. 20170317-5 in CFN 2017-06 of 17 March 2017 – the tax policy publication Revenue Statistics in Latin America and the Caribbean on Thursday 23 March 2017 was presented in Santiago during the 29th Regional Seminar on Fiscal Policy organized by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). The report is produced jointly by the Inter-American Centre ...
OECD announces release of Revenue Statistics in Latin America and the Caribbean 2017, 23 March 2017 Santiago
On 17 March 2017 the OECD announced on its website that it will present its tax policy publication Revenue Statistics in Latin America and the Caribbean on Thursday 23 March 2017 in Santiago during the 29th Regional Seminar on Fiscal Policy organized by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). For the relevant item on the OECD's website, press here. CFN-artikelnr. 20170317-5 BRON Land/gebiedsdeel: OECD, ...