Taxation in debate

By ETCO
22/08/2014

The ETCO Advisory Council met on August 14 in São Paulo (SP) to reflect on the national tax system. The meeting was attended by the Senate economist and technical consultant, José Roberto Afonso. During the meeting, the expert made an analysis of the current fiscal and tax scenario of the Brazilian economy and listed a series of opportunities for improvement. The economist highlighted the need to update Brazilian tax legal frameworks, in particular Law No. 4320/64 and Constitutional Amendment No. 18/65, which were idealized in an economic context very different from the current one.