comparemela.com

A Brazilian Congressional mixed commission delayed examining a government proposal on Wednesday that would prevent companies from using state-granted corporate tax discounts to reduce taxable income for federal revenue purposes, a proposal that would increase government revenue. Brazil says the measure would raise 35.3 billion reais ($7.10 billion) in revenue in 2024, and it is deemed crucial for President Luiz Inacio Lula da Silva's plan to erase the primary budget deficit next year. The commission's president, Senator Rogerio Carvalho, said discussions would resume on Thursday afternoon.

Related Keywords

Brazil ,Brasilia ,Distrito Federal ,Brazilian ,Luiz Inacio Lula ,Josie Kao ,Marcela Ayres ,Rogerio Carvalho ,Luiz Fernando Faria ,Fernando Haddad ,Brazil Superior Court ,Brazilian Congressional ,President Luiz Inacio Lula ,Senator Rogerio Carvalho ,Superior Court ,Finance Minister Fernando Haddad ,Luiz Inacio Lula Da Silva ,Government Revenue ,Ederal Revenue Purposes ,Taxable Income ,Companies ,Mixed Commission ,

© 2025 Vimarsana

comparemela.com © 2020. All Rights Reserved.