Brazil’s long-awaited tax reform has cleared a significant hurdle after the lower house of Congress voted to approve the bill.
Fernando Haddad, finance minister, hailed the successful votes on the legislation to simplify a web of duties and levies. Attempts at tax reform have for years bedevilled lawmakers and officials.
“After decades, we passed a tax reform. It seemed impossible. It was worth fighting for,” Haddad said.
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