Brazilian companies pushing Lula for better deals on back taxes
11/9/2024 6:16
President Luiz Inacio Lula da Silva’s plan to balance the budget by reaching settlements in corporate tax disputes is facing hurdles as some large Brazilian companies hold out for better deals.
Ten major players from different sectors, including banking and infrastructure, have been discussing potential resolutions to unsettled court disputes with the Finance Ministry, according to Executive Secretary Dario Durigan.
Source: Bloomberg
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