Tax evasion is rampant in Latin America

Tax evasion is rampant in Latin America because the chances of being audited or found guilty of evasion are so low ONLY 3% OF TAX RETURNS ARE MASS AUDITED AND ONLY ANOTHER DOLLAR IS LOST TO EVASION FOR EVERY DOLLAR OF TAX REVENUE COLLECTED III 0.2% ARE SUBJECT TO AN IN DEPTH AUDIT www.iadb.org/dia