Brazil Tax Reform Draft Read Today No Longer Valid: Folha

Lower House speaker Arthur Lira decided to extinguish the tax reform commitee and, with that, the draft released by rapporteur Aguinaldo Ribeiro this Tuesday will be no longer valid, Folha de S.Paulo newspaper reports, without mentioning how it obtained the information.

• Committee’s deliberations so far will have no effect
• Lira to install a new commitee, with different members from the current one, and also with a new rapporteur
• Ribeiro wanted a wide reform, different from what Lira and the Jair Bolsonaro’s economic team want, according to the report
• Lower House speaker may announce that he can use the technical ...