Week of June 1

BRAZIL POLITICS - Report 01 Jun 2015 by Murillo de Aragão and Cristiano Noronha

Thursday's holiday will reduce activity in Congress. Expectations are rising regarding the report on the payroll tax exemption bill. In the economy, we highlight the Central Bank's decision on interest rates and the announcement of the 2015-2016 Harvest Plan.House debates payroll tax exemptionsRep. Leonardo Picciani (PMDB-RJ), rapporteur of the bill that deals with payroll tax exemptions, is expected to present his report this week. Voting is expected on June 10. The Executive's proposal changes the social security contribution on gross revenue, mainly for industrial sectors, from 1% to 2.5...

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