Paying taxes is often not something that appeals to people. Noncompliance is a universal phenomenon that not only directly affects revenue sufficiency, but also impacts on income distribution and equity. It limits every country's development and sustainable economic growth.
Knowing the extent of the tax noncompliance problem, and its evolution over time, as well as to characterize in detail its components and try to understand the implicit subjectivity in the various forms in which it occurs, allows better orientation of the actions needed to face it. The study 'Estimating Tax Noncompliance in Latin America: 2000-2010' focusses on Latin America and highlights the importance of having measurements of tax expenditures in several countries. Their limited availability, as well as the poor quality of their National Accounts, constitutes one of the main obstacles to perform the proposed measurements.
Source: Inter-American Center of Tax Administrations