The schedule for Tax Reform in the Senate has been altered, the government wants to vote on a bill dealing with the taxation of exclusive and offshore funds, and the “time frame” bill has been sent to the President for final approval

BRAZIL POLITICS - Report 13 Oct 2023 by Murillo de Aragão and Cristiano Noronha

Once again, the schedule for the Tax Reform in the Senate has been altered. The initial calendar had anticipated the presentation of the opinion of the rapporteur, Senator Eduardo Braga (MDB-AM), to the Constitution and Justice Committee on September 27. This was postponed twice and is now scheduled for October 24. The government is attempting to vote on a bill next week that deals with the taxation of exclusive and offshore funds. However, the text is still being negotiated, and there may be alterations. The Senate approved a bill that establishes rules for the demarcation of lands occupied by indigenous peoples in the country. Among other points, the initiative establishes the so-called "temporal marker" for indigenous lands on October 5, 1988, the day of the promulgation of the Federal Constitution, to define areas as traditionally occupied by indigenous peoples. The text has been sent for the President's approval, with the deadline ending on Friday, October 20. The ruralist caucus is pressuring for approval, but some government sectors are inclined toward a full veto.

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