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Tax gap

Tax gap As a middle income region, Latin America and the Caribbean should be collecting more in taxes Tax collection in Latin America and the Caribbean 20% 17% of GDP of GDP CURRENT POTENTIAL Tax revenue gap is due to several factors EVASION 3% SCANT PERSONAL INCOME TAX of GDP in tax revenue is lost MYRIAD OF EXEMPTIONS Less revenue means less money for development 3% of GDP in lost tax revenue represents the cost of building 5,555,589 low-income homes www.iadb.org/dia

Tax gap

shared by dolisubiza on May 20
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A series of infographics made for the IDB flagship publication DIA 2013: More than Revenue: Taxation as a development tool

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Economy
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