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Montevideo, September 27th 2023 - 12:50 UTC

Tag: Carlos Alberto Barreto

  • Thursday, May 1st 2014 - 07:33 UTC

    Brazil raises taxes on beer and sodas; primary surplus slightly down in March

    The coming World Cup should help collect more taxes: drink and feast

    The Brazilian government will raise taxes on beers, sodas and other beverages in a move that will raise an extra 1.5 billion Reais (674 million dollars) in revenue to help meet the fiscal savings goal. Earlier this month, the government had already announced a tax hike on beer to bolster fiscal accounts that have been hit hard over the last three years by rising subsidies, higher spending and an economic slowdown.