The questions I want to answer are the following:
What is the tax system?
How has tax evasion affected (from rich and poor) Peru's economy?
What are the incentives to evade taxes?
Each year they ask for 5% of initials yacht value
Average value is 800,000, they pay 40,000 a year
To evade it, they take it to Ecuador, because they have incentives
Taking it to Ecuador might cost 15,000 in fuel
Asking for 1%, 8,000, gives an incentive for them to pay the tax
8,000 x ___(number of yachts) gives ___ money to the government to invest in something as marine protection
If only 1500 yachts, then income is 12,000,000 on given currency