PRO articlePolitics

Brazil’s New VAT Rate Could Hit 28%, Highest in OECD

Brazil's dual VAT rate under the PEC 45/2019 tax reform is projected to reach 28%, threatening consumer-facing sectors and driving up services costs.

By Eleanor Shaw

Published
Brazil’s New VAT Rate Could Hit 28%, Highest in OECD
Illustration — BRZ.news

Brazil's dual VAT rate under the PEC 45/2019 tax reform is projected to reach 28%, threatening consumer-facing sectors and driving up services costs.

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