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Tax reform will end up in the Judiciary if rules don't change, says Raquel Lyra

The governor of Pernambuco and candidate for re-election, Raquel Lyra (PSD), stated this Wednesday, 19, that the tax reform will be "largely judicialized" if the rules are maintained as they are. According to her, the model will not...

Tax reform will end up in the Judiciary if rules don't change, says Raquel Lyra
365 Summary

It will end up in the Judiciary and will not be able to guarantee legal and tax stability so that investors have an adequate environment", he declared during a hearing promoted by Porto Digital, in Recife. Raquel Lyra classified the debate on the reform as a "zero priority" for her government and stated that she intends to seek changes in conjunction with...

  • Raquel Lyra classified the debate on the reform as a "zero priority" for her government and stated that she intends to seek changes in conjunction with the President of the Republic, the...
  • The governor expressed concern especially about the effects on the services sector, which, according to her, has a predominant weight in the economy of Pernambuco.
  • "There is no point in us carrying out a tax reform and thinking that, based on its name, it will solve Brazil's problem if we are unable to dialogue with the different segments of our...

Editorial reading aid based only on information contained in this story and its identified source.

The governor of Pernambuco and candidate for re-election, Raquel Lyra (PSD), stated this Wednesday, 19, that the tax reform will be "largely judicialized" if the rules are maintained as they are. According to her, the model will not provide the legal and tax security necessary to attract investments.

"As it stands today, it will be largely judicialized. I cannot see it prospering in the country. It will end up in the Judiciary and will not be able to guarantee legal and tax stability so that investors have an adequate environment", he declared during a hearing promoted by Porto Digital, in Recife.

Raquel Lyra classified the debate on the reform as a "zero priority" for her government and stated that she intends to seek changes in conjunction with the President of the Republic, the National Congress, other governors and representatives of the business sector.

The governor expressed concern especially about the effects on the services sector, which, according to her, has a predominant weight in the economy of Pernambuco.

"There is no point in us carrying out a tax reform and thinking that, based on its name, it will solve Brazil's problem if we are unable to dialogue with the different segments of our economy," he said. For Raquel, the creation of specific treatments for different sectors also increases uncertainty about the general taxation rules.

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