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72 results for “Congress”
Brazil’s ‘Blusinhas Tax’ Reversal Faces Tight Senate Deadline as E-commerce War Heats Up
Brazil's Congress must vote by Tuesday on a measure to permanently eliminate the 20% import tax on small e-commerce purchases.
Brazil’s Chamber Approves E-Commerce Tax Exemption, Moving to Senate Ahead of Imminent Deadline
Brazilian lawmakers approved a bill to zero the federal import tax on $50 e-commerce purchases, sending the measure to the Senate with a September 8 deadline.
Former Senate President Rodrigo Pacheco Confirmed to Brazil’s Powerful Fiscal Oversight Court
Rodrigo Pacheco, 49, secured a lifetime post on the Federal Court of Accounts (TCU), shifting a major political player into the top fiscal oversight body.
Brazil’s 2026 General Election Sees Over 20,500 Candidates Register for All Offices
Brazil's general election draws 20,506 candidates for President, Congress, and state posts, a significant reduction from 2022.
Australian Tax Law on Big Tech Renews Pressure on Brazil’s Stalled Digital Levy Bills
A new Australian 2.5% tax on Big Tech's local ad revenue is intensifying debate in Brazil over proposed digital taxes and AI copyright payments.
Proposed Brazil Bill Seeks Permanent Ban on Privatization of Public IT Companies
A new bill in Brazil's Congress aims to block the sale of state-controlled IT firms, framing data services as an issue of national security.
Fiscal Credibility Cracks as Brazil’s Deficit Worsens Amid Pre-Election Spending Exemptions
Brazil's projected 2026 primary deficit worsened to R$59.1 billion as Congress and the Executive approve new spending outside the fiscal rule's cap.
Brazil Senate Fast-Tracks Critical Minerals Bill to Create New Investment Framework
Senate President Davi Alcolumbre advanced PL 2780/2024, a key Lula government priority for critical minerals policy.
Brazil’s ‘Sin Tax’ Rate Proposal Postponed to Avoid Political Backlash Before October Election
The government has delayed sending the final rates for its new Selective Tax to Congress, disrupting planning for consumer and commodity sectors.
Brazil Labor Reform to Cut Work Week to 40 Hours Faces Senate Vote Amid R$158 Billion Cost Warning
A constitutional amendment to reduce Brazil’s work week from 44 to 40 hours advances to the Senate, with industry groups estimating a massive annual cost.
Pre-Election Gridlock Shelves Lula’s Key Electoral Promise in Brazil’s Assertive Senate
Political infighting in the Brazilian Senate is stalling the government’s major legislative agenda, including the worker-friendly 6x1 PEC.
Lula’s Labor Push Reaches Critical Senate Vote, Threatening Higher Costs for Brazil’s Services Sector
President Lula's dual labor push for a 40-hour work week and gig worker benefits is moving through Congress, signaling higher labor costs.
Brazil Police Uncover Plot to Attack Presidential Palace, Congress Ahead of October Election
Police probe "Operation Interrupted Network" after eight suspects plotted severe violence against government buildings in Brasília.
Fiscal Fears and Election Jitters Push Brazilian Real to Lag Latin American Rivals
Investor anxiety over Brazil’s fiscal health and political uncertainty is driving the Real to underperform regional currencies.
Brazil Congress Approves Sweeping Fuel Tax Relief, Linking Fiscal Health to Oil Windfall
Brazil's legislature approved a major fuel tax cut, offsetting revenue loss with increased oil royalties to fight inflation.
Brazil Congress Approves Fuel Tax Cut, Guarantees Zero Federal Tax and $231 Million Subsidy for Ethanol
Brazilian lawmakers approved a bill to cut federal fuel taxes while mandating subsidies and tax parity rules to protect the domestic ethanol sector.
Brazil Congress Passes Fuel Tax Cut Bill Riddled With R$600 Million in Industry Tax Breaks
Brazil's Congress passed a major fuel tax cut bill, but only after adding multiple unrelated tax breaks, known as jabutis.
Lula Government Approves Fiscal Curbs for 2027 Amid Push for Pre-Election Spending
Brazil's Congress approved spending triggers for 2027, deferring austerity while the government seeks new exemptions for 2026 spending.
Brazil Congress Passes Broad Fuel Tax Relief, Using Oil Windfall to Stabilize Energy Prices
Brazil's Senate approved a bill cutting federal taxes on fuels, funded by an R$28 billion oil royalty windfall.
Brazil’s Lula Forced to Bargain with ‘Centrão’ Power Bloc to Advance Key Legislative Agenda
A look at the 'Centrão,' a loose, ideologically flexible coalition in Brazil's Congress that dictates the success of President Lula’s agenda.
Lula Government Races Against Clock to Save Tax Exemption on $50 E-Commerce Imports
The Brazilian government is urgently pushing Congress to approve a provisional measure that exempts low-value international purchases from the 20% federal import tax before the September 8 deadline.
Brazil’s Powerful Centrão Bloc Declares Neutrality, Maximizing Legislative Power Over Presidential Race
Brazil’s Centrist Bloc (Centrão) has adopted an unprecedented collective neutrality in the election, shifting focus to legislative power.
Lula Pushes Congress to Extend E-commerce Import Tax Exemption
Brazil's government is pressing Congress to approve MP 1357/2026 before its September deadline, keeping the 20% import tax exemption on low-value purchases.
Budgetary Power Shift: Centrão’s Control Over Federal Spending Defines Lula’s Legislative Agenda
Brazil's political center-right bloc has gained unprecedented leverage over the Executive through mandatory parliamentary budget amendments.
Congress Installs Key Commission to Save Lula’s E-Commerce Tax Break from September Deadline
Brazilian lawmakers have moved to install the commission to analyze the MP that zeroed the import tax on $50 e-commerce purchases.
Bolsonaro Brand Adopted by Nearly 20 Candidates in Brazil’s General Election Push
At least 17 candidates, mostly from the Liberal Party, have registered to use the 'Bolsonaro' name on ballots for Brazil's 2026 elections.
Brazil’s Estimated 27.91% Consumption Tax Rate Signals World High, Pressuring Government to Cut Exemptions
Brazil's new estimated Dual-IVA rate of 27.91% exceeds the 26.5% soft cap, creating pressure on consumer stocks and mandating a new proposal to Congress.
Lula’s Record Veto Rejections Force Executive to STF, Heightening Brazil Political Risk
President Lula's record defeat rate on vetoes in Congress forces a systematic turn to the STF, increasing regulatory uncertainty for investors.
Brazil Betting Bill Mandates Blockchain for Pix Transactions
A new bill in Brazil's Congress seeks to mandate blockchain registration for all regulated Pix betting transactions, creating a major RegTech opportunity.
Lula's Congressional Support Collapse Raises Fiscal Alarm, Forces Unprecedented STF Maneuver
President Lula's support tanked despite a record R$33.89bn in payouts, forcing the government to use the STF to block 'spending-bomb' bills.