Brazilian cash&carry chain asks court to block R$475m stake amid dispute over tax liabilities of Pão de Açúcar’s parent company 09/25/2025 Cash-and-carry chain Assaí has filed a lawsuit against French retailer Casino, requesting a freeze on all of its shares in GPA, after being notified that it could be held liable for the tax […]
Congressional rapporteur’s plan would raise income tax to 7.5% while preserving exemptions for infrastructure, agribusiness receivables 09/24/2025 The rapporteur of the provisional presidential decree that serves as an alternative to the Tax on Financial Transactions (IOF), Congressman Carlos Zarattini (Workers’ Party), will propose increasing the income tax (IR) rate on Agricultural Credit Bills (LCAs) and […]
Whoever wins next year’s election will have to persuade voters that fixing public finances is necessary, says Alberto Ramos, head of Latin America economic research at the investment bank 09/24/2025 Convincing Brazilians that a fiscal adjustment is necessary after the 2026 election won’t be an easy task for any incoming president, given the […]