Guatemalans finally draw the line as tax scandal paves way for change

In the UK Guardian, Ana Guisella Arellano makes the links between the theft and corruption of La Linea and the current tax regime in Guatemala.

The country is the most populous in Central America, but the amount of tax collected is particularly low – just 10% of GDP – thanks largely to generous exemptions and tax breaks for businesses and wealthy individuals.

We can now add corruption to that list.

Ana’s article goes on to talk about the street protests and how one think tank (ICEFI) is proposing to overhaul the tax system in Guatemala through transparency and accountability in government spending.

You can read more here.

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