As one may not take both itemized deductions and a standard deduction, taxpayers generally choose the deduction that results in the lesser amount of tax owed.
Brazil is a federal presidential constitutional republic, based on representative democracy. The federal government has three independent branches: executive, legislative, and judicial. Executive power is exercised by the executive branch, headed by the President, advised by a Cabinet.
Brazil is the fifth largest country in the world; in terms of population (207.8 million in 2015) as well as land area. It is the economic leader of South America, with the ninth largest economy in the world, and a large iron and aluminum ore reserve.