RIO DE JANEIRO, BRAZIL - Brazilians had to work until Saturday, May 30th, the 151st day of the year, to pay taxes for 2020. This is shown in a study by the Brazilian Institute of Planning and Taxation (IBPT).
The 151-day figure is slightly lower than in 2019, when 153 days were required to this end. It is the first drop since 2009 when taxpayers worked 147 days to pay taxes.
To conduct the study, the IBPT computes earnings and payments made between May 2019 and April 2020. Thus, the coronavirus pandemic and the reduction in economic activity had a . . .