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Brazil's government will propose a 10% tax on corporate profits and dividends sent abroad to help offset revenue lost from an expanded tax exemption for individuals with lower incomes, two sources ...

It's time for Congress to reform the antiquated system of tax exemptions that has allowed billion-dollar entities that ...

Brazil's government on Tuesday unveiled a long-promised plan to exempt individuals earning up to 5,000 reais ($881.27) per ...

The measure would deal a blow to multinationals with subsidiaries in Brazil, which now benefit from exemptions on remittances under a 1995 corporate income tax law that the government is looking ...

To this end, the PNP, if elected to office, will “exempt new MSMEs from corporate income tax for an initial three-year period, with the possibility of an extension to five years”.

The intelligence wing of the Income ... tax frauds by generating bogus donation receipts, claiming false medical expenditure claims, fabricated rental agreements and incorrect exempt allowances.

By diversifying your retirement income sources to include some of these tax-free options, you can potentially lower your ...

Tasos Katopodis / Getty Images Earnings not subject to income tax, whether federal or state, are referred to as exempt income. Exempt income is income that's not subject to income tax.