The Senate may vote on the urgent status of the payroll tax exemption bill, the financial impact of the Five Year PEC will be reviewed, and the House may vote on the Mover bill

BRAZIL POLITICS - Report 21 May 2024 by Murillo de Aragão and Cristiano Noronha

Today, the Senate may vote on the urgent status request for the bill (PL 1,847/2024) that implements the agreement between Congress and the Executive Office on payroll relief, both for companies and municipalities. The President of the Federal Senate, Rodrigo Pacheco (PSD-MG), said yesterday that the Five Year Constitutional Amendment Proposal (PEC) will undergo a new financial impact assessment before going to a plenary vote. The vote on the proposal has not yet been scheduled. The House may vote on a bill that deals with the Green Mobility and Innovation (Mover) program and the taxation of international purchases of up to US$50. There is still no agreement on the US$50 issue and, therefore, this part may be removed from the text.

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.