The Amazonas Atual portal talked to our partner Ana Cláudia Utumi about the federal government’s proposal to modify the Income Tax bringing several changes for investors, in order to simplify taxation and bring it closer to that of other countries.

“The government said it would keep benefits for the real estate and agribusiness sectors, important for job creation, but by taxing FIIs, they reduce funding for one sector,” said Ana Cláudia.

She points out that there are doubts about two other financing instruments for these sectors, the LCI (Real Estate Letter of Credit) and the LCA (Agribusiness Letter of Credit), which are currently exempt from income tax. “In the presented project it is not clear how they will be, it is possible that they will lose the exemption”, he adds.

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