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Brazil to Provide Personal Income Tax Relief in 2020

|Proposed Changes|Brazil
Brazil

Brazilian President Jair Bolsonaro recently announced during an interview that the government will provide personal income tax relief in 2020 by adjusting the personal income tax tables, with the tables at least adjusted for inflation. The tables have not been adjusted since 2015. The government is also planning to increase personal income tax deduction limits in relation to education and healt…

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