Congress Will Cut Exemptions if VAT Exceeds 26.5%, Says Congressman
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Members participating in the tax reform regulation admit to reviewing tax benefits granted to certain sectors if the reference rate of the new Value Added Tax (VAT) exceeds 26.5%. The possibility was discussed on Tuesday (10), in a meeting with the Minister of the Farm, Dario Durigan, in Brasília. The percentage is the limit of [...]
Members participating in the tax reform regulations admit to reviewing tax benefits granted to certain sectors if the reference rate of the new Tax on Added Value (VAT) exceeds 26.5%. The possibility was discussed on Tuesday (10), in a meeting with the Minister of Finance, Dario Durigan, in Brasília. Related news:TCU approves the calculation of the CBS reference rate by 11.3%.Minister says that new taxes do not increase tax burden.The percentage…
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