The STF suspended the ruling on the Reintegra program, Bolsonaro will hold a demonstration in São Paulo, and the House will hold a week of concentrated voting efforts next week

BRAZIL POLITICS - Report 06 Sep 2024 by Murillo de Aragão and Cristiano Noronha

The Supreme Federal Court (STF) has suspended the ruling on Reintegra, a federal program aimed at returning part of the accumulated tax residues from the production of goods for export. Before the suspension, Justice Gilmar Mendes cast a vote to uphold the rule that allows the Executive Branch to alter the rate for determining Reintegra credits, ranging from 0.1% to 3%. On September 7, former President Jair Bolsonaro is set to lead a protest in São Paulo during the Independence Day celebrations. The events were called following the newspaper Folha de S.Paulo article that exposed the conversations between STF Justice Alexandre de Moraes, who is presiding over the fake news trial, and officials from the Superior Electoral Court (TSE). Next week, the Lower House will undergo a week of concentrated voting efforts. The race for the House leadership will continue to stir political maneuvering behind the scenes in Brasília.

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.