The MP on the taxation of exclusive and open funds may be joined with the bill on offshore taxation, the House will vote on payroll tax exemptions today, and the Senate will vote on the CARF bill

BRAZIL POLITICS - Report 30 Aug 2023 by Murillo de Aragão and Cristiano Noronha

The incorporation of the provisional measure (MP) on exclusive funds into the bill that deals with offshore taxation is being discussed in the House, as the provisional measure may expire. The maneuver would join both texts into a single proposal—an important part of the set of measures intended to increase the federal government's revenue. Today, the House is voting on a bill that deals with payroll tax exemptions. The urgent status of the bill was approved yesterday by 390-15. The Federal Senate will vote on the bill that reinstates the tie-breaking vote in the Administrative Council of Tax Appeals (CARF). Last week, the Economic Affairs Committee (CAE) approved rapporteur Senator Otto Alencar's (PSD-BA) report.

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