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Lula da Silva’s tax reform raises taxes on services in Brazil by up to 210%

By Hamilton Ferrari, Houldine Nascimento

The Lula administration promises a neutral consumption tax reform to improve the system.

The Minister of Finance, Fernando Haddad, says that the charge will include those who don't pay, aiming for "social justice", but one of Brazil's most experienced tax specialists, at Poder360's request, shows that it isn't quite like that.

Hamilton Dias de Souza calculates that the services sector can have an increase of up to 210% in taxes paid per year with the change in taxation advocated in Congress by the economic team of President Luiz Inácio Lula . . .

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