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LATAM Fights for Lower Taxes as Brazilian Reform Looms
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LATAM Fights for Lower Taxes as Brazilian Reform Looms
With Brazil’s comprehensive tax reform moving closer to full implementation, the CEO of LATAM Brasil, Jerome Cadier, issued a stark warning about its potential impact on the aviation industry. Cadier projects that the new tax structure could lead to an increase in airfares of up to 25%, a cost that would be passed directly to consumers and could hinder the sector’s growth. The alert from LATAM’s top executive in Brazil centers on the country’s h…
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