Brazil Proposing Tax Reform Bill by August: Treasury Secretary

Economic team has held several meetings on the tax reform proposal that will be sent to Congress, Treasury Secretary Mansueto Almeida says in a conference call held by the British Chamber of Commerce and Industry.

• Govt is taking 2H20 to build consensus on the proposal, he says
  • Special taxation regimes need to be reduced
• Govt seeks to reduce the amount of taxes and to simplify the system
• Proposing a single-tax model is unlikely, secretary says

Original Story:
Mansueto: Governo deve apresentar ref. tributária até agosto

To contact the translator on this story:
Maria Luiza Rabello in Brasilia Newsroom at mrabello@bloomberg.net ...