Tax Policy on United States Investment in Latin America

Tax Policy on United States Investment in Latin America

Tax Policy on United States Investment in Latin America

Tax Policy on United States Investment in Latin America

Excerpt

Inter-American financial relations have become increasingly interrelated over the past two decades. Sharing of mutual interests became intensified with the formation of the Alliance for Progress at Punta del Este, Uruguay, in August, 1961.

At that conference it was estimated that $20 billion would be needed from external sources in order to achieve a 10-year plan of self-help and internal reform. It was hoped that a substantial part of that amount would be obtained from investments by private United States companies.

Because of the great current interest in this subject in this country as well as in the Latin American countries, the Tax Institute of America arranged and conducted a symposium on "Tax Policy on United States Investment in Latin America." This volume contains the addresses and discussion at that symposium.

Over the past few months the developments within the Organization for American States, the United Nations Economic Commission for Latin America, the Latin American Free Trade Area, the Central American Common Market, and, in fact, the Alliance for Progress itself, have done even more to sharpen our interest in the tax policies of our Latin American neighbors and ourselves.

Perhaps too much emphasis in the press has been placed on general terms, such as "tax reform" and "land reform," without enough emphasis on the study of what these terms really imply. Before tax reform, of course, must come an analysis of the policies and the systems to be reformed as well as those which are already in the process of being revised and improved.

Author Advanced search

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.