Durigan stated that the Ministry of Finance will present a proposal on FGTS withdrawals, the government decided to remove the urgent status of the Tax Reform bill, and the STF may resume the trial on Reintegra

BRAZIL POLITICS - Report 25 Sep 2024 by Murillo de Aragão and Cristiano Noronha

Yesterday, the Executive Secretary of the Ministry of Finance, Dario Durigan, stated that the Ministry of Finance plans to present a proposal to the National Congress this year to modify the FGTS (Severance Indemnity Fund for Employees) birthday withdrawal mechanism. In other news, the government has decided to remove the urgent status from the complementary bill regulating Tax Reform currently under discussion in the Senate, after the deadline for voting on the proposal expired on September 22. Today, the Supreme Federal Court (STF) may resume the trial of a case challenging the variable rates of the Special Tax Reinstatement Regime for Exporting Companies (Reintegra). The fiscal risk to the public accounts is estimated at R$ 49.9 billion.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.