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NEWS

signs law

Brasilia, Oct 22 (Prensa Latina) Brazilian President Luiz Inacio Lula da Silva has signed a law that forgives tax debts for small-scale entrepreneurs and progressively raises the annual revenue threshold for eligibility under the individual micro-entrepreneur (MEI) regime. The legislation, approved last week by the National Congress, is part of the "Prospera MEI" program—an initiative designed to facilitate financial regularization, expand growth opportunities, and improve access to resources for self-employed workers.