Government spending pressures and revenue assurance efforts could still prompt rate adjustments 12/18/2024 Brazilian Lower House’s rejection of 34 amendments made by the Senate to the tax reform regulation—which had contributed to raising the standard rate of the Value Added Tax (IVA)—is unlikely to ensure that the rate remains at 26.5%, experts interviewed by Valor suggest. […]
Paraná’s highway Lot 6 draws bid from EPR; three port terminals up for auction 12/17/2024 The federal government is set to conduct auctions this week for three port terminals—in Maceió, Rio de Janeiro, and Amapá—in addition to a major highway concession in Paraná. These projects are expected to attract a combined investment of R$16.3 billion, […]
President-elect says tariffs “will make the U.S. rich” and signals trade will be based on reciprocity 12/17/2024 In his first press conference since the election, U.S. President-elect Donald Trump defended his plans to impose tariffs on imports from several countries. Speaking at his Mar-a-Lago resort in Florida, Mr. Trump publicly included Brazil for the first time among […]