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COUNTRY INSIGHTS

The CCJ approved Senator Braga’s report on Tax Reform, Haddad may have a meeting with party leaders today to discuss the ICMS subsidy, and the ADI on the FGTS correction is on the STF’s agenda today
BRAZIL POLITICS · Report · 08 Nov 2023

Yesterday, November 7, the Senate Constitution and Justice Committee approved Senator Eduardo Braga's report on Tax Reform. The plenary also approved, by 48 to 24, a request for a special schedule. Today, November 8, the Minister of Finance, Fernando Haddad, may have a meeting with party leaders ...

The CCJ may vote on Senator Braga’s report on Tax Reform today, the Joint Budget Committee may vote on Deputy Forte’s preliminary report, and Lira and Pacheco said the government should continue to pursue the zero-deficit target
BRAZIL POLITICS · Report · 07 Nov 2023

Today, November 7, the Constitution and Justice Committee (CCJ) of the Senate may vote on Senator Eduardo Braga's (MDB-AM) report on the Tax Reform Constitutional Amendment Proposal (PEC). Also today, the Joint Budget Committee may vote on the preliminary report of Deputy Danilo Forte (União Bras...

The fiscal conflict and other weekly topics
BRAZIL POLITICS · Report · 06 Nov 2023

In the Senate, the highlight is the vote on Tax Reform. Discussions continue around the fiscal target for 2024. On Tuesday, the Joint Budget Committee votes on the preliminary report on the Budget Guidelines Law (LDO). Appointments to the Central Bank (BC) may be sent to the Senate. The STF may a...

The CCJ should vote on Senator Braga’s report on Tax Reform tomorrow, the Joint Budget Committee should vote on Deputy Forte’s preliminary report, and the STF should resume analysis of the FGTS ADI
BRAZIL POLITICS · Report · 06 Nov 2023

On Tuesday, November 7, the Constitution and Justice Committee (CCJ) of the Senate may vote on Senator Eduardo Braga's (MDB-AM) report on the Tax Reform Constitutional Amendment Proposal (PEC). The objective is to vote on the text on Wednesday and Thursday in the plenary. Also on Tuesday, Novembe...

The goal is to vote on Tax Reform in the Senate by the end of November, the payroll tax bill will be sent to Lula for approval, and the STF may resume analysis of the FGTS case
BRAZIL POLITICS · Report · 03 Nov 2023

In the Senate, the focus is on Tax Reform. In a meeting with the Ministry of Finance, the rapporteur, Senator Eduardo Braga (MDB-AM), said that he is making small changes to his text. Although there may be a delay in this schedule, the vote is expected to be completed in the Senate in November. T...

Lula says the fiscal target depends on the approval of the government’s proposals in Congress, the question is whether the government will maintain the zero-deficit target, and tomorrow is a federal holiday
BRAZIL POLITICS · Report · 01 Nov 2023

During the meeting with the Minister of Finance, Fernando Haddad, party leaders, and other ministers, President Lula made some important points, namely that the fiscal target for next year depends on the National Congress’s approving the measures sent by the government to increase revenue by the ...

Haddad announced new members of the Central Bank Board of Directors, Lula will meet with Haddad to discuss the economic agenda, and the House may vote on the creation of infrastructure debentures this week
BRAZIL POLITICS · Report · 31 Oct 2023

Rodrigo Teixeira was announced for the Relationship, Citizenship, and Conduct Supervision Directorate of the Central Bank, and Paulo Picchette for International Affairs and Corporate Risk Management. Today, President Lula will meet with Haddad, leaders, and presidents of allied parties to discuss...

A polarized country and other weekly topics
BRAZIL POLITICS · Report · 30 Oct 2023

The offshore and exclusive funds bill begins analysis in the Senate. Fernando Haddad and Arthur Lira meet with party leaders to discuss the ICMS subsidy bill. The holiday on Thursday, November 2, reduces activity in the Legislature. In the economy, the highlight is the Central Bank meeting to dec...

Lula said that the government is unlikely to reach the zero deficit target for 2024, the offshore bill begins analysis in the Senate, and there is a federal holiday on Thursday (November 2)
BRAZIL POLITICS · Report · 30 Oct 2023

President Lula's statement, last Friday, October 27, that the government is “unlikely” to meet the fiscal target of zero deficit in 2024 should continue to resonate throughout this week. Minister Fernando Haddad did not comment. The bill that deals with the taxation of exclusive and offshore fund...

Next week Lira will meet with Haddad to discuss the ICMS subsidy, there will be a federal holiday on Thursday, and the Central Bank is expected to further reduce the basic interest rate
BRAZIL POLITICS · Report · 27 Oct 2023

Next week, Lira will hold a meeting with Fernando Haddad to discuss the bill that deals with the ICMS subsidy. The text had been sent through a provisional measure but was poorly received by Congress. There continues to be resistance regarding the content of the article. We will have another holi...

The House approved the bill that deals with the taxation of offshore and exclusive funds, Senator Braga presented his report on Tax Reform, and the Senate approved the payroll tax exemption bill
BRAZIL POLITICS · Report · 26 Oct 2023

The House approved the bill that deals with the taxation of offshore and exclusive funds. The text will now go to the Senate for further analysis. This is an important victory for Finance Minister Fernando Haddad. Yesterday, another topic on the government's priority agenda made progress. Senator...

Senator Braga will discuss his report on Tax Reform today, the Senate will vote on the payroll tax relief bill, and the House will vote on the bill that deals with the taxation of offshore and exclusive funds
BRAZIL POLITICS · Report · 25 Oct 2023

Today, Senator Eduardo Braga (MDB-AM) holds a press conference to present the general lines of his report on Tax Reform. The text will be formally presented today at the Constitution and Justice Committee (CCJ). In the Senate plenary, the bill that deals with payroll tax relief will be put to a v...

The House may vote on the offshore and exclusive funds bill, Senator Braga should submit his report on Tax Reform today, and the CAE may vote on the payroll tax relief bill
BRAZIL POLITICS · Report · 24 Oct 2023

The House will try to vote on the bill that deals with the taxation of offshore and exclusive funds. The bill is part of the government's priorities to increase revenue next year. Minister Alexandre Padilha said that another priority for the government is Tax Reform. Senator Eduardo Braga (MDB-AM...

A full agenda in the final stretch of the year and other weekly topics
BRAZIL POLITICS · Report · 23 Oct 2023

Senator Eduardo Braga will submit his report on Tax Reform. The Senate Economic Affairs Committee (CAE) will vote on the extension of the payroll tax exemption. The House will vote on the offshore and exclusive funds bill. The government will submit a bill to Congress to replace MP nº 1,185 (ICMS...

Senator Braga will submit his report on Tax Reform on October 24, the House may vote on the offshore and exclusive funds bill, and Congress will analyze presidential vetoes on October 26
BRAZIL POLITICS · Report · 23 Oct 2023

Senator Eduardo Braga (MDB-AM), rapporteur of the Tax Reform Constitutional Amendment Proposal (PEC) at the Constitution and Justice Committee (CCJ) of the Senate, will submit his report on Tuesday, October 24. According to the agenda, the vote in the CCJ is scheduled for November 7. This week, t...

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