Today’s agenda includes a Supreme Court review of excluding ISS from PIS and Cofins calculations 08/28/2024 Marcelo Montalvão — Foto: Divulgação Four disputes about excluding taxes from the base for calculating other taxes, to be settled by the Federal Supreme Court, could impact the Brazilian government’s finances by R$118.9 billion, according to estimates from Brazil’s […]
Concerns arise over optimistic revenue estimates and tightening discretionary spending amid fiscal constraints 08/26/2024 Antonio Anastasia — Foto: José Cruz/Agência Brasil As the Executive branch prepares to send the 2025 Annual Budget Act (PLOA) to Congress in about a week, Brazil’s public spending watchdog TCU has concluded that the government’s projection for next year’s primary […]
With Brasília covered in smoke, President Lula calls an emergency meeting; minister says there is an “unusual situation” 26/08/2024 Smoke from fires in the Amazon covered Brasília on Sunday — Foto: Eraldo Peres/AP On Sunday, Environment Minister Marina Silva compared the fires in São Paulo to the “Day of Fire” in 2019. In light of […]