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Entries by Gelcy Bueno

Taxation on foreign profits could cost taxpayers R$142bn

The issue is on the Supreme Court’s agenda; score so far is in favor of the National Treasury 03/07/2025 The ongoing debate at Brazil’s Federal Supreme Court (STF) regarding the taxation of profits from foreign subsidiary and affiliate companies could potentially result in a R$142.5 billion impact on Brazil’s federal government if the ruling goes […]

Itaipu decree expected to raise power bills for low-income consumers

Change to help manage exchange-rate fluctuations reduces bonus that would go toward offsetting electricity increases for residential and rural consumers 03/07/2025 Decree 12,390/2025, published in the Diário Oficial da União (DOU) on February 5, may impose additional costs on low-income consumers, experts told Valor. They discussed the government’s decision to redirect part of the so-called […]

Government cuts import tariffs on food items to fight inflation

Executive package eliminates tariffs on products such as meat and sugar, includes regulatory measures and incentives to boost staple food production in the next Plano Safra 03/07/2025 Amid mounting pressure and declining approval ratings, President Lula’s administration announced on Thursday (6) a package of measures aimed at reducing food prices in Brazil. Import tariffs on […]

Circuit court reinstates antitrust ruling against Apple

Federal Regional Court of 1st Region gives company 90 days to implement app market changes ordered by CADE 03/06/2025 The Federal Regional Court of the 1st Region (TRF-1) has overturned a trial ruling and reinstated an injunction imposed by the Administrative Council for Economic Defense (Cade) on Apple, as part of an investigation into alleged […]

Government gathers industry, retailers amid blame game over inflation

Meeting follows industry’s claim that stores fail to pass on price reductions 03/06/2025 Facing low approval ratings for President Lula, the Brazilian government has convened a second round of meetings within a week with business representatives to seek support in curbing food inflation. This step comes amid a blame game between industries and retailers over […]

Brazil may align dividend taxation with OECD model

Government considers an approach that combines corporate and dividend taxes as it discusses income tax reform and an increase in the exemption threshold 03/06/2025 The Brazilian government plans to implement income tax on dividends based on a model used by the Organization for Economic Cooperation and Development (OECD), a member of the economic team told […]

Trump’s tariffs unlikely to impact Brazil immediately, economists say

However, experts warn that U.S. trade measures could slow global growth, strengthen the dollar, and add pressure on Brazil’s economy 03/05/2025 The tariffs imposed by Donald Trump on China, Canada, and Mexico—along with the retaliatory measures from these countries—could impact Brazil’s trade flows, but not immediately, economists say. Their main concern is the broader consequences […]

InterCement crisis to reshuffle industry’s landscape

CSN, identified as a consolidator, could seek a partner, aiming to reduce debt 03/05/2025 The future of InterCement assets, part of the Mover group (formerly Camargo Corrêa), currently undergoing court-supervised reorganization since December, is poised to redefine the landscape of the cement sector, which is currently dominated by a few key players, Valor learned. The […]