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Tax evasion in 2023 was 433 thousand mdd in Latin America and the Caribbean

Summary by La Jornada

The evasion of income tax (ISR) and value added tax (VAT) in Latin America and the Caribbean cost $433 billion in 2023, equivalent to 6.7 percent of the region's gross domestic product (GDP), said José Manuel Salazar-Xirinachs, Executive Secretary of the Economic Commission for Latin America and the Caribbean (Cepal).

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Tax evasion in 2023 was 433 thousand mdd in Latin America and the Caribbean

The evasion of income tax (ISR) and value added tax (VAT) in Latin America and the Caribbean cost $433 billion in 2023, equivalent to 6.7 percent of the region's gross domestic product (GDP), said José Manuel Salazar-Xirinachs, Executive Secretary of the Economic Commission for Latin America and the Caribbean (Cepal).

6 days ago·Mexico

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La Jornada broke the news in Mexico 6 days ago on Monday, February 17, 2025.

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