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2 results for “fiscal war”

New Tax Exceptions Emerge, Immediately Testing Brazil's Landmark Tax Reform Simplification
Politics• 1h ago

New Tax Exceptions Emerge, Immediately Testing Brazil's Landmark Tax Reform Simplification

Sector-specific tax exemptions, such as 'Redata' for data centers, are threatening to reintroduce complexity and undermine the core goals of Brazil's historic 2023 consumption tax overhaul.

Sector-Specific Tax Breaks Complicate Brazil’s VAT Reform Promise of Simplicity
Politics• 3h ago

Sector-Specific Tax Breaks Complicate Brazil’s VAT Reform Promise of Simplicity

Less than a year after passing its landmark tax reform, Brazil's Congress has introduced new sector-specific exemptions, notably for data centers, raising concerns that the country is retreating toward its old 'fiscal war' tax system.