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Brazil plans to cut corporate payroll taxes - federal revenue chief

BRASILIA, June 15 (Reuters) - Brazil plans to reduce company taxes on payrolls and lower the cost of hiring, which should help boost job growth and stimulate the post-crisis economic recovery, federal revenue service chief Jose Tostes Neto said on Monday.

Speaking in an online live debate, Tostes Neto also said that broader tax reform will include a single-rate value-added tax on consumption across a range of goods and services, a more selective tax on industrial products, and a more progressive personal income tax structure. (Reporting by Marcela Ayres Writing by Jamie McGeever; Editing by Cynthia Osterman)