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Brazil Proposing Tax Reform Bill by August: Treasury Secretary

June 8, 2020, 6:52 PM

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 ...