Brazil's Guedes defends leaner tax reform to reduce corporate taxes & More News Here

Brazil’s Economy Minister Paulo Guedes speaks throughout the launching ceremony of the brand new securitization framework and strengthening of ensures for Agro enterprise in Brasilia, Brazil, March 15, 2022.REUTERS/Adriano Machado

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BRASILIA, May 9 (Reuters) – Brazil’s Economy Minister Paulo Guedes mentioned on Monday the nation might suggest a leaner model of a tax reform to improve taxation on the super-rich and reduce corporate taxes.

Speaking on the launch of a authorities panel to monitor investments, he additionally mentioned that the nation is working with the Organisation for Economic Co-operation and Development (OECD) in order that nations that protect pure assets are paid for doing so.

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Reporting by Marcela Ayres

Our Standards: The Thomson Reuters Trust Principles.

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