Today is an historic day for tax nerds worldwide. The Brazilian Tax Reform, which abolishes five consumption taxes, and substitutes it with one VAT was approved last night.
Unofficial translation of Rita’s full message: It is 6:50 in the morning on November 9th, 2023, and I just woke up to news of the approval of the Tax Reform in the Senate. It’s hard to contain the tears of happiness. It has been a struggle for almost 40 years (as they say, since the time of the Constitution), in which I have only participated since 2017 and more intensely since 2018. I know it was a tough fight, but everything is worthwhile when the soul is not small. Today, my happiness is for Brazil’s victory and for all my friends who have fought so much for this moment. But, more than anything, for all Brazilians who may not know today that this was a historic moment in the country’s life, but who will feel it, in their skin, in the very near future. This moment is theirs. It is them that I am thinking of, it is for them that my heart goes out today. To all Brazilians.
Rita’s inverview for CNB Radio, Globo can be found HERE
Source: Rita de la Feria on LinkedIn
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