Garotas de Ipanema: Breast Implants and Liposuctions are tax deductible in Brazil.
Adriana Pires, a human resources manager in Rio de Janeiro, had a pleasant surprise when she prepared her income taxes: the 8,000 reais ($4,575) she paid for breast implants and liposuction are tax-deductible, reported Bloomberg today.
As Brazilians race to meet today’s filing deadline, the federal government this year for the first time will allow taxpayers to deduct the cost of boob jobs, tummy tucks and any other type of cosmetic surgery. The measure, retroactive to procedures performed since 2004, may spur the 3 billion reais plastic surgery market, the world’s second-largest after the U.S., according to Brazil’s Plastic Surgery Society.
“It’s a medical expense like any other and it’s only fair to allow taxpayers to deduct it,” said Pires, 38, adding that she is considering a lipo touch-up this year because of the tax incentive. She had her first plastic surgeries in 2004. READ MORE HERE