chilean tax structure - TTN Transnational Taxation Network
chilean tax structure - TTN Transnational Taxation Network
chilean tax structure - TTN Transnational Taxation Network
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NOT GROWING ENOUGH<br />
GDP GROWTH OF 4.7% ANNUALLY FROM 1980 – 2005 (double Latin<br />
American Average and more than average of India)<br />
So, if we are doing so well why don´t we just apply the old saying, “If it aint broke,<br />
don´t fix it”. Why are we concerned about growth?<br />
HOWEVER:<br />
2006 shows growth of less than 5%, although price of CU all time high<br />
Why not 8% as in early 1990´s?<br />
“Chile is a clear example of the need for Latin America´s economies to complement<br />
their excellent natural resources and production of commodities with high-valueadded,<br />
knowledge based activities to build global business undperpined by<br />
technology” (The McKinsey Quarterly, Heinz-Peter Elstrodt, 2007, Special Edition)<br />
7<br />
Recent <strong>tax</strong> developments in Chile May, 2007