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Brief
On 05/08/2025, the Federal Revenue Service (Receita Federal) issued an update regarding "Finance Secretaries emphasize the importance of dialogue in regulating the new tax system". According to Secretary Bernard Appy, achieving convergence in the current regulation stage of the Tax Reform will lead to less litigation in the future. He emphasized the need for a cooperative dialogue between the public and private sectors and among federal entities to implement an efficient, transparent, and fair tax system.
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