Repatriation of Funds in Latin America - Research Paper Example

The discussion covered inbound corporate structures owned by United States investors that dominate Latin American jurisdictions (Hearst, p. 17).

1. Corporate and branch profit, tax rates ranging at $87 million in Brazil, $64 million in Uruguay, $53 million in Chile, and $42 in Peru
2. General absence in Latin America jurisdictions of domestic withholding tax on dividend distributions from the formerly taxed profits with one exception, that is, imposed only by Peru at $12 million. But notably high withholding tax rate barriers imposed on distributions in excess of previously tax profit, that is $28 million in Uruguay (Gilson, p. 66-72).
3. Domestic withholding taxes on other payments to foreigners of:

• Interest ranging at $8.3 million in Brazil, at $15.3 million in Uruguay, $12 million in Chile, and $11.6 in Peru; with specially reduced withholding tax rates on interest paid to financial institutions ranging at $4.4 million in Chile, $15.05 million in Uruguay, $5.9 million in Peru and at $19.7 million in Brazil
• Royalties ranging $25.8 million in Brazil, $15 million in Chile, $28 million in Uruguay, and $30.7 million in Peru
• Capital gains ranging at $34.5 million in Brazil, $20.2 million in Chile, $7.2 million in Uruguay, and $1.3 in Peru (Eicke, p. 16-25).

How much Phillips 66 sold in Chile, Brazil, and Peru

Phillip 66 made the following sales;

The total gas sales in 2013 ranged at $ 263 million in Chile which accounts for 37% of the total sales in that year. Sales for lubricant oil were at $162 million, accounting for 16% of the sales. (Eicke, p. 16-25).

In Brazil, it made sales worth $347 million, which accounts for 42% of the total sales in the year 2013. Sales for lubricant oil were at $97.1 million, accounting for 18% of the sales. (Muoio, p.7-8).

In Peru, the company made gas sales worth $106 million, which accounts for 51% of the sales it made in the three countries. The sales for lubricant oil were at $102 million, accounting for 24% of the sales (Jurich, p. 13-17).

How much did Valvoline sell in Chile, Brazil, and Uruguay

Valvoline made a total of $209 million in sales in Chile, which accounts for 16% of its total sales. The sales were achieved in the year 2013 (Eicke, p. 66-72).

In Brazil, it made a total of $243 million in sales. The sales account for 24% of its total sales in the year 2013 (Muoio, p. 9).

In Uruguay, it made total sales worth $232 million. These sales account for 20% of the total sales during the year 2013 (Jain, p. 27-34).