AmericasBrazil tax reform hits another obstacle as joint-chamber commission scrapped
Reuters
2 minute read
Brazil's cross-chamber congressional commission on tax reform has been disbanded and another path for restructuring and simplifying Brazil's complex tax system must be found, lower house speaker Arthur Lira said on Tuesday.
Blaming "technical" issues, Lira's announcement on TV Camara came only hours after the tax reform bill's coordinator, Congressman Aguinaldo Ribeiro, had said lawmakers would be able to suggest amendments to the bill this week before its delivery to Congress next Tuesday.
Economy Minister Paulo Guedes said on Tuesday that tax reform was one of the government's legislative priorities, but this would appear to be the latest setback that has stalled meaningful reform of Brazil's complex tax system for years.