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Top Business Watching News

Trade Representatives Sent Hugo Motta Manifesto Against Increased IR Exemption – Business Watching

Trade · Brazil

Trade Representatives Sent Hugo Motta Manifesto Against Increased IR Exemption – Business Watching

Entities representing the trade and services sectors led Mr. Hugo Motta, President of the House of Deputies, to a protest against PL 1,087, which raised the exemption limit for the Income Tax and creates a minimum tax for the high income. With the source of the federal government, the IR project is exempt from winning up to R$ 5 billion per month, and the damage to public accounts would be compensated for the increase in taxation of the more ric…Read Article

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