Latin America & Caribbean (developing only) - Total tax rate (% of profit)

Total tax rate (% of profit) in Latin America & Caribbean (developing only) was reported at 47.41 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 latin america and caribbean total tax rate percent of profit wb data




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Total tax rate is the total amount of taxes payable by businesses (except for labor taxes) after accounting for deductions and exemptions as a percentage of profit.


Latin America & Caribbean (developing only) | Private Sector