Government’s presumed 9% tax credit for industrial groups and global consolidation of foreign subsidiaries will expire by December 10/14/2024 The federal government is evaluating alternatives to prevent a sharp tax increase for Brazilian companies operating abroad starting in 2025. By December, the presumed 9% tax credit granted to Brazilian industrial companies with foreign operations and […]
Nearly R$52bn may stem from low voltage migration, says strategy&; free supplier choice could capture 65% of the market 11/10/2024 The complete opening of Brazil’s electricity market to consumers on low voltage connections could generate an estimated R$120 billion by 2040. Of this total, R$52 billion would come from new consumers migrating to the free […]
The median estimate from 26 consultancies and financial institutions surveyed by Valor Data expected a 0.6% decline in the period 11/10/2024 Core retail sales volumes dropped 0.3% in August compared to July, in seasonally adjusted terms, according to the Monthly Survey of Trade (PMC) released by the Brazilian Institute of Geography and Statistics (IBGE) on […]