Electoral campaigns for the municipal run-offs resume on TV and radio, the STF will adjudicate two cases regarding taxes, and next week Senator Braga is expected to submit a timeline for the regulation of Tax Reform

BRAZIL POLITICS - Report 11 Oct 2024 by Murillo de Aragão and Cristiano Noronha

Today, electoral campaigns on TV and radio will resume in the 52 municipalities where a run-off will take place. The campaigns will run until October 25, and the run-off is scheduled for October 27. Today, the Supreme Federal Court (STF) will begin a virtual plenary session to determine whether the 25% income tax rate, exclusively withheld at the source, is valid for pensions and earnings from sources located in Brazil and received by individuals residing abroad. Also today, the STF is expected to conclude the hearing of cases challenging the reduction and subsequent reinstatement of PIS and Cofins tax rates on financial revenue. Next week, Senator Eduardo Braga (MDB-AM), rapporteur for the bill concerning the IBS and CBS, which are part of the Tax Reform regulation, is expected to present a timeline for the legislation’s progress.

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.