Bolsonaro Says Government Will Not Introduce New Taxes in Brazil

At breakfast with journalists, he rules out the return of the Financial Transaction Tax and says that he wants to simplify federal taxes and not introduce any new ones. Several charges may be merged.

RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro said on Friday, July 19th, that the Brazilian government will not introduce new taxes and that the Provisional Contribution on Financial Transactions (CPMF) would not be resurrected. He delivered the statement at breakfast with journalists from international news agencies at the Palácio do Planalto.

"We will not introduce any new taxes. The [tax] reform that is being processed there is Parliament's, not ours. As explained at the last . . .

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