Ecuador Fiscal Administration Studies. Staff Paper No. 3. The Income Tax in Selected Latin American and Caribbean Nations: A Cross National Comparison with Special Reference to the Case of Ecuador

摘要

The taxation of personal income is a major source of central government revenues throughout the western hemisphere. The paper reviews the structure and performance of the income tax in fifteen Latin American and Caribbean nations. The analysis suggests that there is a certain commonality in the structure and performance of central government income taxes. In particular, while there are regional differences, the importance and productivity of income taxation is related to level of development.