VP Mourão Advocates Tax on Payments to Finance Permanent Minimum Income Program

The new CPMF (tax on payments) is the subject of disagreement between Minister Paulo Guedes and the Chamber President, Rodrigo Maia.

RIO DE JANEIRO, BRAZIL - On Friday, July 17th, Vice-President Hamilton Mourão advocated the creation of a tax on payments (which would be applied mainly to e-commerce) to replace the taxation collected by companies when paying salaries, provided it has a clear goal, such as financing the new 'Bolsa Família' (Family Grant), a program that the Jair Bolsonaro government intends to redesign under the 'Renda Brasil' (Brazil Income) label.

The . . .

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