Economic news
Brazil’s Guedes defends leaner tax reform to reduce corporate taxes
2022.05.09 16:40
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.
