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Brazil launches MEI debt forgiveness programme

Original: perdao dividas mei

Brazil's government has opened Prospera MEI, a programme allowing individual microentrepreneurs (MEI) to have tax debts forgiven. Authorities estimate the debt settlement scheme could bring in up to R$ 4 billion in revenue. The measure is drawing attention from small business owners across Brazil looking to regularise their outstanding obligations with the federal government.

Why now: Many Brazilian microentrepreneurs are seeking to settle outstanding tax debts under the new programme.

Prospera MEIAgência BrasilBrazil

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