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Cuba News

Latin America, Caribbean Tax Mix Vulnerable To COVID-19 Hit

by Mike Godfrey,, Washington

Friday, May 15, 2020

The tax burden in Latin America and the Caribbean (LAC) increased to a record 23.1 percent of GDP in 2018, according to a new OECD report. However, it warns the territories will face considerable financial pressures owing to COVID-19 because of their systems' reliance on indirect tax revenues. Read Full Story


CARICOM, Cuba Expand Free Trade Deal

by Mike Godfrey,, Washington

Friday, November 10, 2017

The Caribbean Community countries and Cuba on November 9 signed a Second Protocol to an Agreement that will expand tax-free access to each other's markets for goods. Read Full Story


Luxembourg Seeks Double Tax Deal With Cuba

by Ulrika Lomas,, Brussels

Wednesday, June 14, 2017

Officials from Cuba and Luxembourg have met in Havana for early stage talks on a possible double taxation treaty. Read Full Story


Latin America and Caribbean Tax Revenues Rise: OECD

by Ulrika Lomas,, Brussels

Friday, March 24, 2017

Tax revenues in Latin America and the Caribbean countries continued to increase in 2015, according to new data from the Organisation for Economic Co-operation and Development. Read Full Story


European Firms Said To Face Too Complex Tax Compliance Burden: Survey

by Jason Gorringe,, London

Tuesday, December 20, 2016

More than 80 percent of European tax professionals say complicated tax laws are hindering business growth on the continent, according to figures from accountancy bodies ICAEW and EGIAN. Read Full Story


ECLAC Report Links Latin American Tax And Wealth Gaps

by Mike Godfrey,, Washington

Wednesday, August 19, 2015

The Economic Commission for Latin America and the Caribbean said in a new report that Latin American states should look to tax policy to promote greater equality and support poverty reduction efforts. Read Full Story


Mexican Senate Proposes FTA With Cuba

by Mike Godfrey,, Washington

Thursday, April 16, 2015

Mexico's Senate has urged the Government to boost economic relations with Cuba, with a view to the possible signing of a free trade agreement. Read Full Story


WTO Launches Consultations On Future Of Bali Decisions

by Mike Godfrey,, Washington

Friday, October 24, 2014

The World Trade Organization on October 22, 2014, launched consultations on the future of the Bali decisions, to agree a way forward on the Trade Facilitation Agreement. Read Full Story


Mercosur To Establish New Economic Zone

by Mike Godfrey,, Washington

Monday, August 4, 2014

Latin American trade bloc Mercosur discussed at its 46th Summit on July 29, 2014, proposals to create an economic zone with the Bolivarian Alliance for the Peoples of Our America, Petrocaribe, and the Caribbean Community. Read Full Story


ECLAC Suggests Measures For Increasing Tax Revenues

Mike Godfrey,, New York

Wednesday, June 26, 2013

Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean said on June 12, 2013 that investment in education, science, technology and infrastructure, along with improvements to the budgetary framework and better tax evasion controls, are key to raising the level of tax revenues in the region. Read Full Story



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