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Tax Reform in Brazil Small Achievements and Great Challenges

Tax Reform in Brazil Small Achievements and Great Challenges

Chapter:
(p.397) 11 Tax Reform in Brazil Small Achievements and Great Challenges
Source:
Latin American Macroeconomic Reforms
Author(s):
Rogério L. F. Werneck
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226302683.003.0013

This chapter reviews the progress and the challenges for indirect taxation in Brazil. Section 11.2 provides a brief discussion of the deterioration of the Brazilian tax system. Section 11.3 analyzes tax reform initiatives since 1997 and shows how they recently ended in deadlock. Section 11.4 raises a number of important points that one has to take into account to fully grasp the difficulties that are to be faced by the reform, from an aggregate point of view. In order to analyze those points more carefully, a very simple consistency model is presented in Section 11.5 and is used for simulations. The final section calls attention to how fiscal federalism difficulties have considerably amplified the complexity of the reform. Two commentaries are also included at the end of the chapter.

Keywords:   indirect tax, taxation, tax policy, Brazilian tax system, fiscal federalism

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