Senate leaders discuss compensatory measures for payroll tax relief, Pacheco discusses state debt with the Federal Government, and the Working Group on Tax Reform will hold seven more hearings

BRAZIL POLITICS - Report 17 Jun 2024 by Murillo de Aragão and Cristiano Noronha

Senate leaders and government representatives continue discussions on compensatory measures for payroll tax relief for companies and municipalities. The cost of the tax exemption is estimated to be around R$ 26 billion. The president of the Senate, Rodrigo Pacheco (PSD-MG), will meet with governors today to discuss a proposal on renegotiating state debts with the Federal Government. He will then have a meeting with President Lula (PT) to discuss the matter. So far, the Working Group (GT) in the House that discusses the regulation of Tax Reform (PLP No. 68/24) has held 15 public hearings. Seven hearings remain: five this week and two next week (on June 24 and 25).

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