The government submitted the bills on Tax Reform regulation, Congress postponed the analysis of presidential vetoes, and the AGU filed a lawsuit in the STF against the payroll tax relief bill

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

Yesterday, the government submitted a bill to the National Congress that establishes the Tax on Goods and Services—the IBS, whose responsibility is shared between the states, municipalities, and the Federal District; and the Social Contribution on Goods and Services—the CBS, whose responsibility falls under the Federal Government. The bill is extremely complex, with 499 articles. After meeting with government party leaders yesterday, the president of the Senate and Congress, Rodrigo Pacheco, announced the postponement of the session of Congress to vote on presidential vetoes that was scheduled for Wednesday night, April 24. Yesterday, the Attorney General's Office (AGU) sued the Supreme Federal Court (STF) against the bill that maintained payroll tax relief for economic sectors and municipalities.

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.