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Published 10 days ago

Tax reform: new taxes should have a federal tax rate of 8.8 percent and 17.7 percent for states and municipalities.

Summary by Globo
Any changes in regulation must change numbers The Secretary of Commerce Tax Reform, Bernard Appy, stated on Friday that the proposed aggregate value tax (VAT) master plan created by the reform is comprised of a federal tax of 8.8 percent and another for states and municipalities of 17.7 percent. See: Which goods and services are going to pay more tax and who's going to collect less with the tax reform In five points: Understand the major changes…

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