Summary of Latin American Tax Legislation 2021 / 2022

This work allows the reader to learn about the structure and operation of the main taxes established in each of the countries under analysis.
The Summary of Tax Legislation is structured in three sections:

• The first section covers the set of taxes whose power corresponds to the Central Government.
• The second section deals with taxes whose normative power or operation corresponds to the subnational governments (States and Municipalities), in those countries where these levels exist.
• The third section covers the analysis of social contributions.

In each of the sections of the different levels of government, taxes are classified based on their object of taxation (income, consumption, property, etc.). Each tax is analyzed sequentially, based on each of its constituent elements: taxpayer, tax base, deductions, exemptions, tax rates, etc., strictly using the tax technique. The description of each one of the concepts or elements of the tax is carried out rigorously in accordance with its current regulations (Laws, Regulations and other additional tax regulations), including the corresponding legal reference, in order to facilitate the reader’s subsequent consultation of the texts. original legal documents, if you wish. In short, the Summary of Tax Legislation tries to open the door to the reader to a first approximation to the tax reality of Latin America, individually, for each one of the jurisdictions or, transversally, comparing the different legislations for a given tax, all based on updated information, something that gives great added value to a work of these characteristics.