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Sean's Opening Story: 7 and 1/2 tonnes of tax!

Be thankful for the Irish tax system ... yes, I never thought that would be ever said either. Bra...
Newstalk
Newstalk

13.17 26 Mar 2014


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Sean's Opening Story:...

Sean's Opening Story: 7 and 1/2 tonnes of tax!

Newstalk
Newstalk

13.17 26 Mar 2014


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Be thankful for the Irish tax system ... yes, I never thought that would be ever said either.

Brazil tax rules when put in book form run for 41,266 pages and weighs as much as an African elephant and is taller than a grown man.

"My goal is to invite society to reflect -- the country needs a new model rendering life less difficult for firms and taxpayers," tax lawyer Vinicios Leoncio told AFP after unveiling the colossal work.

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The 7.5 ton volume lists chapter and verse all fiscal rules and regulations governing life in Brazil.

According to a 183-nation study, Brazil is "the absolute world leader in terms of tax-related bureaucracy," Leoncio said.

He claimed that a Brazilian firm spends 2,600 hours a year on its taxes. "The average in Europe is 180 hours," Leoncio said.

"We are worse than Mozambique, Ethiopia and Sierra Leone -- in Brazil we create 35 tax norms per day," he said.

Lawmakers keen on cutting red tape put the gargantuan book, titled "Patria Amada" (Beloved Country), on display in Brazil's Congress.

 


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