Acosta Ormaechea, Santiago Leonardo Enrique; … - 2022
lower tax revenue relative to OECD countries and have tax structures that rely excessively on corporate-income taxes (CIT …) while personal-income taxes (PIT) remain largely underutilized. LAC countries could strengthen their PIT to mobilize revenue …-to attract investment and alleviate profit shifting, and on broadening the corporate tax base. Value-added taxes (VAT) could be …