Tax reform at center of Brazilian Congress’s economic agenda

One of the most controversial points of the proposal presented by the government is the taxation of dividends, which have been tax-free in the country since 1995.

RIO DE JANEIRO, BRAZIL - Tax reform, one of the main concerns of President Jair Bolsonaro's government along with privatizations, will be at the center of the economic agenda of the Brazilian Congress in coming months, which resumed its work this week after the parliamentary recess in July.

The bill presented by the government is divided into different sections and has as one of its main points the reform of income tax in the country, which has one of the most complex tax systems in the world.

"The government has proposed small reforms for tax reform. Real reform is when . . .

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