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News 06 Oct 2023 · Brazil

Tourism and Tax Reform

1 min read

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Excluding tourism from the Tax Reform disrupts the entire chain

The tourism sector should be considered one of the main ways to drive a country's economy, either through the dissemination of cultures or the natural beauty present in each destination. In Brazil, the tourism sector represents 7.8% of the national GDP, and it is estimated to generate the equivalent of R$ 752.3 billion in revenue this year. This value is tied to the expectation of creating more than 7.9 million jobs.

Analyzing the impacts that the Tax Reform will have on the Tourism sector, Bruno Cação Ribeiro, from Hotels & Leisure, and Rafaela Franceschetto, from Tax, wrote an article published on the Mais que Direito portal.

Read here: https://maisquedireito.com.br/legislacao/reforma-tributaria/excluir-o-turismo-da-reforma-tributaria-desequilibra-toda-a-cadeia/?amp=1