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COUNTRY INSIGHTS

Pacheco will meet with party leaders to discuss the payroll tax issue, Eletrobras and the AGU met to discuss the government’s participation in the company, and Lula is expected to appoint Lewandowski to the Ministry of Justice
BRAZIL POLITICS · Report · 09 Jan 2024

Today, the president of the Senate, Rodrigo Pacheco (PSD-MG), will meet with party leaders to discuss the provisional measure (MP) on the repayment of the payroll tax. Yesterday, representatives from Eletrobras and the Attorney General's Office (AGU) had their first meeting with the AGU's Federal...

President Lula holds an event in defense of democracy, Pacheco should discuss the payroll tax relief issue, and Lula is expected to sanction the Multi-Year Investment Plan this week
BRAZIL POLITICS · Report · 08 Jan 2024

President Lula recalls the vandalism of public buildings that took place on January 8 last year in an event to be held today at the National Congress. The opposition believes the government should not be politicizing the event and released a statement last week criticizing what it called “the abu...

The Senate approved the ICMS subsidy MP, Congress should vote on the 2024 Federal Budget, and the House will try to vote on the online sports betting and carbon market bills
BRAZIL POLITICS · Report · 21 Dec 2023

Yesterday, the Senate concluded the vote on Provisional Measure (MP) 1185/23, which deals with the ICMS subsidy and Interest on Own Capital (JCP). The text now goes for presidential sanction. Today, Congress is set to vote on the 2024 Federal Budget. A session of the Joint Budget Committee is sch...

The LDO was approved, the Senate should vote on the ICMS subsidy MP today, and the House is expected to vote on the online sports betting bill
BRAZIL POLITICS · Report · 20 Dec 2023

Yesterday, the National Congress approved the Budget Guidelines Law (LDO). The text now goes for presidential sanction. Also today, the Senate should vote on Provisional Measure Nº 1,185, which deals with the ICMS subsidy and Interest on Own Capital (JCP). The text was approved last week and is p...

The LDO should be put to a vote today, the Senate is set to vote on the ICMS subsidy MP, and the House is expected to vote on the online sports betting bill
BRAZIL POLITICS · Report · 19 Dec 2023

A session of the National Congress is scheduled for today to vote on the Budget Guidelines Law (LDO). Last week, the Joint Budget Committee approved the report submitted by the rapporteur, Deputy Danilo Forte (União Brasil-CE). Today, the House may vote on the online sports betting bill. The defi...

Two battles in sight and other weekly topics
BRAZIL POLITICS · Report · 18 Dec 2023

This is the final week of activity in the National Congress, which recesses on Friday, December 22. Before this, the votes must be completed on the MP for the ICMS subsidy, online betting, the LDO and the 2024 Federal Budget. Tax Reform will be enacted on Wednesday, and Lula will lead a ministeri...

This is the final week of activity before Congress recesses, the Senate should vote on the ICMS subsidy MP tomorrow, and the House may vote on the online sports betting bill
BRAZIL POLITICS · Report · 18 Dec 2023

This is the final week of activity in Congress, with important issues to be concluded. Congress recesses on Friday, December 22. Work will resume on February 2. On Tuesday, December 19, the Senate should vote on Provisional Measure Nº 1,185, which deals with the ICMS subsidy and Interest on Own C...

Lula’s veto of the payroll tax relief was overturned, the ICMS MP should be approved by the end of next week, and next week is the final week of activity before Congress recesses
BRAZIL POLITICS · Report · 15 Dec 2023

President Lula's veto of the bill dealing with payroll tax relief was overturned. The votes, both in the House and the Senate, were significant. After intense negotiations, the president of the House, Arthur Lira (PP-AL), postponed the analysis of ICMS subsidies provisional measure (MP 1185/23) a...

The Joint Committee on the ICMS subsidy may vote on Deputy Faria’s report, Congress will meet today to review presidential vetoes, and Flávio Dino’s appointment to the STF was approved yesterday
BRAZIL POLITICS · Report · 14 Dec 2023

The Joint Committee on the ICMS subsidy may vote on Deputy Luiz Fernando Faria's (PSD-MG) report today. He made a series of changes to the text submitted by the government, to make the rules more lenient for companies. The National Congress will meet today to discuss presidential vetoes. One of t...

The Senate finalized the vote on the online sports betting bill, Deputy Ribeiro may submit his report on Tax Reform today, and the CCJ will hold a confirmation hearing on Minister Flávio Dino
BRAZIL POLITICS · Report · 13 Dec 2023

Yesterday, the plenary of the Federal Senate finalized the vote on the bill that regulates online sports betting. The text will now return to the House for further analysis. Today, Deputy Luiz Fernando Faria (PSD-MG), rapporteur of the provisional measure (MP) on the ICMS subsidy, may also submit...

The ICMS rapporteur may submit his report today, a session of Congress is scheduled for Thursday to analyze presidential vetoes, and the CAE of the Senate holds confirmation hearings for a series of appointments
BRAZIL POLITICS · Report · 12 Dec 2023

Deputy Luiz Fernando Faria (PSD-MG), rapporteur of the provisional measure (MP) on the ICMS subsidy, may submit his report today. The idea is to vote on the report in the Joint Committee this week and in the House and Senate plenary sessions next week. A session is scheduled for Thursday to vote ...

Fernando Haddad's last battles of the year and other weekly topics
BRAZIL POLITICS · Report · 11 Dec 2023

This will be a busy week in Brasília, with an attempt to vote on Tax Reform and the ICMS subsidy provisional measure (MP). The Senate will hold confirmation hearings for Flávio Dino for the STF and Paulo Gonet for the PGR. Congress will analyze vetoes, including those dealing with tax exemptions....

Tax Reform may be put to a vote in the plenary this week, Congress will review presidential vetoes, and the CCJ should hold confirmation hearings for Dino and Gonet
BRAZIL POLITICS · Report · 11 Dec 2023

According to the rapporteur of Tax Reform in the House, Deputy Aguinaldo Ribeiro (PP-PB), the president of the House, Arthur Lira (PP-AL), intends to put the text to a vote in the plenary this week. In other legislative issues, a session in Congress is scheduled for Thursday, December 14, to anal...

The government hopes to finalize the vote on the ICMS subsidy next week, a session of Congress is scheduled to analyze presidential vetoes, and the Copom will meet for the last time this year to decide on the Selic rate
BRAZIL POLITICS · Report · 08 Dec 2023

Next week, the government hopes to conclude the vote on provisional measure (MP) 1185/23, which deals with the ICMS subsidy. The rapporteur, Deputy Luiz Fernando Faria (PSD-MG), included the Interest on Own Capital (JCP) changes in the text. A session of the National Congress is also scheduled fo...

Deputy Faria should submit his report on the ICMS MP, a session of Congress was scheduled for next week to analyze presidential vetoes, and Tarcísio Freitas was able to approve the privatization bill for Sabesp in São Paulo
BRAZIL POLITICS · Report · 07 Dec 2023

The submission of Deputy Luiz Fernando Faria's (PSD-MG) report on the provisional measure (MP) nº 1,185/23, which deals with the ICMS subsidy, was postponed from yesterday to today. As a request to review the text will likely be submitted, the vote should be postponed to next week. A session of t...

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