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Entries by Gelcy Bueno

Analysis: Brazil’s car tax breaks enter a new chapter

New Selective Tax rules extend benefits to certified sustainable vehicles, continuing a long-standing pattern of incentives for the auto industry       11/06/2026  In Brazil, tax breaks have historically been granted to cars purchased by people with disabilities, professional drivers such as taxi operators, and other groups—the latter category often linked to programs negotiated […]

Industrial trade group lobbies Senate to lower CBS tax rate

National Confederation of Industry says 11.3% rate set by Federal Court of Accounts for Goods and Services Contribution is too high     11/06/2026 The National Confederation of Industry (CNI) criticized the 11.3% rate set for the Contribution on Goods and Services (CBS), which is scheduled to take effect in January 2027, saying it is […]

Under pressure, Lula calls for fiscal responsibility to draw foreign capital

Statement comes after meeting with former ministers and economists close to the president to discuss economic guidelines for his fourth term       11/06/2026 Finance Minister Dario Durigan says no concrete measures have been discussed so far — Photo: Reprodução/GloboNews President Luiz Inácio Lula da Silva said Thursday (5) that fiscal and legal responsibility […]

New workweek rules spark surge in legal consultations

Businesses scramble to renegotiate schedules and contain costs, while lawyers warn of mounting litigation risks       11/05/2026  Fabiano Zavanella — Photo: Ana Paula Paiva/Valor Labor law firms across Brazil have seen a surge in consultations since a constitutional amendment ending the six-day workweek was enacted on October 16. With the requirement to provide […]

Central Bank leaves next rate move uncertain after halting cuts

Economists differ on whether decision to hold Selic at 13.75% signals prolonged hold, further easing or potential rate hike amid worsening inflation expectations       11/05/2026  Fernando Gonçalves — Photo: Gabriel Reis/Valor Brazil’s Central Bank halted its interest rate-cutting cycle on Wednesday (Nov. 4), keeping the benchmark Selic rate at 13.75% in response to […]

Tax authority promises updated VAT rules ahead of 2027 rollout

Federal Revenue says transition is on schedule, despite concerns over tax assessment systems, municipal readiness, implementation of new consumption taxes         11/04/2026  Federal Revenue: program prioritizes companies’ good faith, waiving penalties for taxpayers who act transparently — Photo: Marcelo Camargo/Agência Brasil The updated version of the regulations governing the Contribution on Goods […]

COP31 bets on zero waste and the circular economy

Brazilian adviser Carlos Silva Filho wants waste and circularity recognized in the conference’s final Antalya declaration         11/04/2026 Carlos Silva Filho — Photo: Divulgação With no major negotiating issue or review of Paris Agreement targets on the agenda, COP31—the United Nations Climate Change Conference taking place from November 9 to 20 in […]

Fiscal uncertainty weighs on Brazil’s GDP growth outlook

Expectations of weaker growth in 2026-2027 are compounded by forecasts that Central Bank will halt Selic rate cuts or raise interest rates         11/04/2026 Homero Guizzo — Photo: Ana Paula Paiva/Valor After bets on Selic rate cuts reversed in financial markets following the surprise outcome of Brazil’s presidential election runoff, analysts are […]

External risks add to Brazil’s inflation challenges

Oil prices, U.S. monetary policy add to domestic inflation risks, including El Niño effects on food prices, potential labor cost increases         11/02/2026  Basiliki Litvac, of XP — Photo: Keiny Andrade/Valor The international environment is emerging as a source of concern for Brazil’s efforts to control inflation in the short and medium […]