Tax reduction for 'jet ski' was the only tax legacy of the previous government, says Haddad

Finance Minister Fernando Haddad said this Tuesday (25) that the struggle to implement the tax reform will still unfold until 2032, especially to combat lobbies to exclude different sectors from the reform. During an event at the Federation of Industries of the State of São Paulo (Fiesp), in the capital of São Paulo, the minister said he considered it the only defect of the reform to expand the exceptions for the payment of taxes. Related news:…

This Tuesday (25), Finance Minister Fernando Haddad criticized the treatment given by the government prior to the tax reform, whose constitutional amendment was approved in December 2023, the first year of the third term of the President of the Republic, Luiz Inácio Lula da Silva. “The only initiative of the previous government regarding the reform was not a major measure. It was the reduction of the jet ski tax. That, yes, was the great legacy …

Finance Minister Fernando Haddad praised the so-called “architecture” of the fiscal framework, a set of rules and regulations that guide the government’s fiscal policy, but admitted that the parameters of this mechanism could be changed in the future if circumstances change. “When you say that you have to change everything or you don’t have to change [...]