Monday 20 May 2024

How much do you pay in taxes for new vehicles? We compare 8 countries in Latin America

In Costa Rica, the tax burden is 82%

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QNOTICIAS — With the collaboration of the firm Deloitte, in the La Nacion edition of La Dataserie they present a list of the tax rates that apply in eight Latin American countries – Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Panama, and the Dominican Republic – for the importation of new vehicles.

In Costa Rica, the tax burden is 82%. In São Paulo, Brazil, it is 115%; Argentina, 76%, Dominican Republic, 62%; Colombia, 61%; Mexico, 42%; Panama, 32%: and Chile, 26%.

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