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Bolsonaro Discards Return of Financial Transactions Tax

RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro used his Twitter yesterday afternoon, September 11th, to refuse the re-enactment of the CPMF [Provisional Contribution on Financial Transactions] or the increase in the tax burden.

The statement was motivated by the dismissal of the Federal Revenue Special Secretary, Marcos Cintra, who advocated the introduction of a new tax on Subscribe to our Premium Membership Plan. Already Subscribed?

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