Brazil’s economy minister doubts Congress will pass tax reform
BRASILIA, Dec 8 (Reuters) – Brazil’s Economy Minister Paulo Guedes said on Wednesday he doubts the Congress will approve the government’s attempt to bring the country’s taxation system up to date.
His economic team proposed a bill reforming income taxes, introducing taxation on dividends for the first time and lowering taxes levied on companies.
“We sent Congress a proposal for tax reform. I don’t know if it will go ahead. I don’t think it will, it’s politics,” Guedes said at an event at the export promotion agency APEX Brasil.
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Reporting by Bernardo Caram
Editing by Paul Simao
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