date:Jul 29, 2013
s dropped by a quarter since 2004.
Between 1990 and 2009 Mexico's tax take, excluding state oilmonopoly Pemex, fell from 12.7 percent of GDP to 10.7 percent, a2011 study by Latin American Bank CAF showed. That gave Mexicothe worst tax take of the 18 countries CAF studied in LatinAmerica.
In all of the countries surveyed, tax revenues as aproportion of GDP rose during the two decades, apart from inVenezuela and Mexico, the CAF investigation showed.
Tax evasion among small contributors, or thos