Brazil’s Publishers Rally Against Proposed Taxation of Book Sales

A petition to maintain the tax exemption for publications has obtained more than one million signatures from those who say its approval will mean a blow to Brazil’s culture.

SÃO PAULO, BRAZIL - The Brazilian government's recent tax reform proposal has raised criticism from the country’s publishers, authors and readers. The measure would remove the partial tax immunity that publishers have had since 1946. A petition created online has obtained more than one million signatures from those who say that if the tax reform is approved it will mean a blow to Brazil’s culture.

The book publishing segment has been immune from certain taxes since 1946. The 1988 Constitution, Article 150-VI (d) forbids federal, state and local governments from imposing certain taxes (called "impostos") on . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?