The future of fiscal policy for Latin America (III)
The First Latin America and Caribbean Summit for Global Taxation, held on 28 July 2023, aimed to unify the region's voices on taxation. However, the event fell short of expectations. It showed significant limitations, such as the need for binding agreements, discrepancies between OECD and non-OECD countries, and a lack of ambition for bilateral and free trade agreement reforms. This article analyses the Summit's outcomes in light of the challenges of the energy transition.