The Executive Office removed the urgent status of three bills, Senator Braga delayed the presentation of the Tax Reform bill work schedule, and Minister Tebet discussed important fiscal matters

BRAZIL POLITICS - Report 16 Oct 2024 by Murillo de Aragão and Cristiano Noronha

Yesterday, the Executive Office withdrew the constitutional urgent status of three bills sent to the National Congress: Bill 3.335/24, concerning gas subsidies; Bill 3.337/24, regarding the transfer of local surpluses for the ongoing exploration and production of oil and natural gas; and Bill 3.394/24, which increases the CSLL (Social Contribution on Net Profit) tax rate. Today, Senator Eduardo Braga (MDB-AM) was scheduled to present the work timeline for the bill regulating the Tax Reform (PLP 68/24). However, due to health reasons, the presentation has been postponed to next week, on October 23. Yesterday, Minister of Planning Simone Tebet made significant remarks regarding fiscal matters. She stated that the current focus is on discussing structural spending reforms that are "politically feasible," even if they are not ideal or in line with the preferences of the economic team.

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.