Brazil’s Guedes defends leaner tax reform to reduce corporate taxes

05/09/2022

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2022.05.09 16:40

Brazil's Guedes defends leaner tax reform to reduce corporate taxes
FILE PHOTO: Brazil’s Economy Minister Paulo Guedes speaks during the launching ceremony of the new securitization framework and strengthening of guarantees for Agro business in Brasilia, Brazil, March 15, 2022.REUTERS/Adriano Machado

BRASILIA (Reuters) – Brazil’s Economy Minister Paulo Guedes said on Monday the country could propose a leaner version of a tax reform to increase taxation on the super-rich and reduce corporate taxes.

Speaking at the launch of a government panel to monitor investments, he also said that the country is working with the Organisation for Economic Co-operation and Development (OECD) so that countries that preserve natural resources are paid for doing so.

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05/09/2022

Less than a minute