Business tax rate for Central America and the Caribbean 2004-2012

The statistic represents the business tax rate in Central America and the Caribbean from 2004 to 2012. During that time, the business tax rate has fallen from 44.6 percent in 2004 to 42.7 percent in 2012.

Business tax rate for Central America and the Caribbean from 2004 to 2012

Characteristic	Business tax rate
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Release date

November 2013

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Region

Central and South America

Survey time period

2004 - 2012

Supplementary notes

The study data is based on the taxes and mandatory contributions that a medium-sized company must pay in a given year.
The tax rate is calculated from the sum of profit or corporate income tax, mandatory contributions and labor taxes paid by the employer, property taxes, turnover taxes, and other taxes.
Further information about the methodology and the model company used for calculations can be found in the appendix of the report cited.
The data includes only those economies for which data is available for all years of the study.The economies that are excluded are: The bahamas and Barbados.

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