Inclusion of combustion engine cars in extension of tax incentives changed scenario in Brazil 01/25/2024 Shilpan Amin and Santiago Chamorro — Foto: Gesival Nogueira Kebec/Valor General Motors announced this Wednesday (24) a robust investment program for Brazil, totaling R$7 billion from 2024 to 2028. The amount will be used to renew its entire product line […]
Industry support measures spread fear about use of public funds 01/24/2024 José Luis Gordon — Foto: Leo Pinheiro/Valor Although the government’s new industrial policy launched on Monday (22) has raised concerns among economists about the use of public funds to back investments, most part of the amounts were already included in the Brazilian Development Bank’s […]
Brazil’s tax authority cites atypical factors, believes annual result was positive 01/24/2024 Robinson Barreirinhas — Foto: EDU ANDRADE/Ascom/MPO Federal revenues ended 2023 virtually stable compared to 2022, with a real decrease of 0.1%, totaling R$2.3 trillion (at current prices). Brazil’s Federal Revenue Service estimates that the result was “quite positive” despite atypical factors that affected […]