TAX REFORM IN LATIN AMERICA: A Review of Some Recent Experiences

Abstract

Not since the heyday of foreign tax missions in the 1960s has tax reform been discussed as intensively in Latin America.1 During the 1980s, major tax reforms took place in Mexico, Bolivia, Argentina, and Colombia, and somewhat similar reforms occurred in the previous decade in Chile and Uruguay Moreover, tax reform seems to be climbing higher on the policy agenda in countries as diverse as Guatemala, Venezuela, Paraguay, and Peru.