Brazil Considering Tax Measures to Increase Revenue
|Proposed Changes|Brazil

On 14 September 2015, Brazil's Minister of Finance and Minister of Planning, Budget and Management announced proposed tax measures to increase revenue. The measures include:
- Replacing the flat individual capital gains tax rate of 15% with progressive rates ranging from 10% up to 30%;
- Reinstating the bank transactions tax (CPMF) at a rate of 0.20% on any debit in a bank account for four years; …