Having reached 34% of the GDP in 2022, tax burden in Brazil is scattered across around 90 different taxes. Furthermore, as per the Brazilian Constitution’s adopted federative format, allocation of taxing powers encompasses the Federal Union, 26 States and 5,570 local governments, each of them enacting tax rules and engaging in administrative and judicial tax litigation.
Simplification seems intuitively a necessary and worthy goal, hence several tax reform projects and bills were and are discussed in Congress. However, the challenges to that aim are substantial, such as balancing simplicity with equality, avoid denying local governments’ fiscal governance and assessing to which extent tax burden increase resulting from the assimilation of several taxes into fewer impositions is acceptable.
Our invited panellists spoke about the status of tax reform initiatives in Brazil, including those sponsored by the federal government in office, the analysis of possible outcomes and the perception thereof by business.
Files from the webinar are at the bottom of this page. Please click on the PDF ICON below the recording.
Programme:
- Opening: Vera Innes, Chair of the Brazilian Chamber of Commerce in Great Britain and Fabio Gaspar, Brazil Tax Director at Shell and Vice-Chair of the Tax Committee of the Brazilian Chamber of Commerce in GB
- Overview of tax reform proposals in Brazil vis a vis the EU policy groups-driven experience - Giovana Portolese, Senior Tax Analyst at Receita Federal do Brasil
- Local government perspective - Prof. Ricardo Almeida, LLM, Tax Attorney of the City of Rio de Janeiro
- Federal government perspective - Daniel Loria, Director of the Ministry of Finance’s Extraordinary Tax Reform Secretariat
- Productive sector perspective - Guilherme Giglio, Tax Partner at Deloitte
- Q&A Session
- Closing: Fabio Gaspar, Brazil Tax Director at Shell and Vice-Chair of the Tax Committee of the Brazilian Chamber of Commerce in GB
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