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LatinNews Daily - 02 October 2025

BRAZIL: Government’s income tax exemption bill passes lower house

On 1 October the lower chamber of Brazil’s congress approved one of the top legislative priorities for President Luiz Inácio Lula da Silva, a bill that proposes an exemption from income tax (IR) for individuals with a monthly income of up to R$5,000 (US$938).

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