Cuba News

Latin America, Caribbean Tax Mix Vulnerable To COVID-19 Hit
by Mike Godfrey, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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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