February 13, 2020

BRAZIL: Blunders and irritants reinforce focus on tax reform

BY Mario Marconini

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( 3 mins) President Jair Bolsonaro’s recent provocation against state governors saying he would bring down federal taxes on fuel if they did the same for their VAT tax (ICMS) generated much noise but not a real change in the reform agenda. Economy Minister Guedes was assigned to make peace with the governors and the result was to […]

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