Members of the Tax Reform Working Group are in Paris, France, at the invitation of the Organization for Economic Co-operation and Development (OECD), to participate in a series of conferences at the organization’s headquarters. The event aims to plunge into the path of the first countries to modernize their tax systems and to receive general tax policy recommendations. The accompanying delegation in the French capital on Tuesday (2).
Federal Representative Adele Filho (Republicans) published, on Wednesday (3), on social media, a video explaining the participation of the (Organization for Economic Co-operation and Development) group. According to the parliamentarian, the goal is to solve social, economic and environmental challenges through international standards.
“This learning will serve as a basis for building a comprehensive text, which will ensure fair reform,” he said in the video.
France is one of the first countries to implement Value Added Tax (VAT), which should be imposed in Brazil through tax reform. The Organization for Economic Co-operation and Development currently includes 38 countries.
In addition, many of these countries also have regional development models and tax exemption zones. The idea is to find out how they work on a VAT basis so that we can adapt to help our Manaus Free Trade Zone,” summed up Saullo Vianna (União-AM) who is also in the delegation.
The parliamentarian points out that “The idea is to understand, in practice, how VAT works in countries and adapt it to the tax model to be implemented in Brazil, to define economic criteria in international negotiations, which will be very positive for Brazilian foreign trade”.
know more
The Organization for Economic Co-operation and Development is an international body that brings together the world’s largest economies, such as the United States of America (USA), France, Germany, Japan and the United Kingdom, among others, to promote economic progress. These countries generally adopt the type of consumption tax that reform wants to adopt in Brazil, the Value Added Tax (IVA); Which in Brazil shall be called a tax on goods and services (IBS).
The meetings will discuss the Brazilian system in comparison with the countries of the Organization for Economic Cooperation and Development. One of the tables will deepen the experiences of Canada and India. taxes related to the housing system, the environment, and tobacco; In addition to income tax on companies and individuals. The group also asked the technicians to talk about the digital economy and financial services.
