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Brazilian National Congress Overrides Presidential Veto of Payroll Tax Exemptions Extension

|Approved Changes|Brazil
Brazil

According to a release from the Chamber of Deputies, both chambers of Brazil's National Congress voted on 4 November 2020 to override President Jair Bolsonaro’s veto of an extension of payroll tax exemptions through 2021. The payroll tax exemptions are available for 17 labor-intensive sectors in Brazil, including communication, information technology, urban road and subway transportation, civil construction, and textile companies, among others. Although the extension of the exemptions is est…

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