Brazilian Tax Deduction for Aesthetic Surgery
We all know the Brazilian culture really appreciates beauty, but to allow tax deductions for aesthetic surgery, as described in this Bloomberg story, is still surprising.
The article quotes Joaquim Adir, income tax coordinator at the revenue service in Brasilia: “This new interpretation came from internal discussions about what were considered reconstructive and non-reconstructive surgeries,” he said in a phone interview. “We concluded that cosmetic surgeries are also about health, physical and mental, and should be included in the list of deductible expenses.” He admits the effect on tax revenues will be small.
Can you imagine this happening in the U.S.? I can't. Not when our government is trying to find every possible way to tax us more, and hide those taxes in clever ways that don't get noticed. When they're not so clever, or not so hidden, like the proposed "Botax" as part of the health care bill, they get the blowback they deserve.
Comments (1)
Gia, about 2 years ago
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