Brazilian Chamber of Deputies Announces Plans for Tax System Reform including Replacement of Consumption Taxes with New VAT
According to a recent release published on the Brazilian Chamber of Deputies website, Deputy Luiz Carlos Hauly is preparing to present the first text of proposed amendments to restructure the Brazilian tax system. The amendments are meant to simplify the current system, and in particular, support productive sectors and lower-income individuals. One of the main measures would be the replacement…
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