The Senate approved the update to the Income Tax exemption range, Minister Haddad called for an international tax on the rich, and the São Paulo City Council approved the bill that privatizes Sabesp

BRAZIL POLITICS - Report 18 Apr 2024 by Murillo de Aragão and Cristiano Noronha

Yesterday the Senate approved, in a symbolic vote, the Executive Office’s bill that expands the Income Tax exemption range to a monthly income of up to two minimum wages (R$2,824). In the United States, Finance Minister Fernando Haddad said that the government will propose a declaration on international taxation at the G20 ministers' meeting in June. The São Paulo City Council bill that allows for the privatization of Sabesp, the waste management company owned by the state of São Paulo, was approved in the first vote yesterday with 36 votes in favor and 18 against.

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