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"Timing" Caused Brazil to Lose Out on Tax Reform, Says Fiemg.
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The president of Fiemg (Federation of Industries of the State of Minas Gerais), Flávio Roscoe, said this Tuesday (December 16, 2025) that the federal government should prioritize cutting spending over increasing revenue. Speaking on the subject, he mentioned the tax reform, enacted by Congress. In his view, administrative reform should come before tax reform. Roscoe acknowledged that there are benefits for industry with the change in the tax sys…
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