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175 results for “VAT”

Brazil Central Bank Poised for Final Selic Cut as Political Tensions Complicate Real’s Outlook
Copom is expected to cut the Selic rate to 13.75% as inflation slows, but a tightening election race against a fiscally conservative candidate is strengthening the Brazilian Real.

Brazil’s Antitrust Body Clears Batista Brothers’ Acquisition of Strategic Missile Manufacturer Avibras
CADE’s General Superintendence approved the purchase of defense firm Avibras by the Batistas' personal investment vehicle, signaling a major private rescue of a strategic national asset.

São Paulo Gubernatorial Candidate Fernando Haddad Threatens Review of Sabesp Privatization, Infrastructure Contracts
PT candidate Fernando Haddad has vowed to review and potentially void the privatization of the state sanitation company Sabesp and CPTM train concessions if elected governor of Brazil's largest state.

Brazil Supreme Court Upholds Key ICMS Tax Credits for Fuel Distributors
Brazil's Supreme Federal Court ruled that fuel distributors can keep state VAT tax credits on internal purchases, settling a major fiscal dispute.

Exchange Challenger A5X Raises R$360 Million from Goldman Sachs and Morgan Stanley to Take on B3 Monopoly
New derivatives exchange A5X raised R$360 million in a Series D round led by major US banks, preparing to challenge B3’s dominant position in Brazilian financial infrastructure.

Brazil Tax Reform Accelerates Legislative Countdown to Corporate Overhaul
The Brazilian Senate advanced regulation of the Dual VAT system, forcing an immediate, critical tax choice for small and medium-sized enterprises.

Brazil’s Farm Credit Deploys R$65.7 Billion in Two Months as New Environmental Rules Take Hold
Brazilian agribusiness quickly accessed R$65.7 billion of the record R$525.1 billion Plano Safra, with new environmental rules linking subsidized credit to conservation.

Brazil Court Halts New Glyphosate Approvals for 90 Days, Elevating Risk for Agro Sector
A Labor Court in Brasília temporarily suspended the registration of new glyphosate-based agrochemicals, signaling heightened legal risk for Brazilian agriculture.

New Polls Map Brazil's Deepening Regional Divide Ahead of October Election
Polling shows Senator Flávio Bolsonaro dominating the conservative, agribusiness heartland while President Lula holds a narrow national lead, highlighting Brazil's extreme political polarization.

Private Equity and Succession Needs Drive Brazil’s Small-Cap M&A Market
Small and mid-sized companies now account for 55% of Brazil's M&A transaction value, fueled by private equity seeking growth and business owners facing retirement.

Brazil's Deposit Guarantee Fund Pays Record R$50 Billion After Bank Failures
Brazil's private-sector Credit Guarantee Fund disbursed R$50.4 billion in the first half of 2026 to 2.2 million people following the liquidation of a major financial group.

Public Clash Between Top Justices Deepens Brazil Constitutional Crisis, Elevating Political Risk
A public dispute between Supreme Court Justices Alexandre de Moraes and André Mendonça over a banking probe has intensified an institutional crisis, fueling political uncertainty ahead of the October elections.

Brazilian Technology to Power Core Component of World’s Largest Telescope in Chile
Brazil's National Astrophysics Laboratory and USP are developing a crucial Instrument Core Subsystem for the 39-meter Extremely Large Telescope, cementing the country's role in global astronomy projects.

Brazilian Real Strengthens as Tightening Polls Put Flávio Bolsonaro’s Fiscal Promises in Focus
The Brazilian currency climbed to an over three-week high against the dollar, as new presidential election polls showed a near-tie between the incumbent and challenger Flávio Bolsonaro, whom markets view as more fiscally conservative.

Brazil’s Correios Seeks R$7 Billion State-Guaranteed Loan After R$5.55 Billion Loss
Brazil’s heavily indebted state-owned postal service, Correios, formally requested a R$7 billion loan guaranteed by the Federal Government to cover massive losses.

Brazil Finalizes Tax Reform’s Core Regulatory Framework, Sent for Presidential Sanction
Brazil's Chamber of Deputies passed the second regulatory bill for the consumption tax reform, establishing the Gestor Committee and setting the operational path for the new dual-VAT system.

Sanepar Sues Regulator to Retain Share of R$4 Billion Court Win; CEO Rules Out Privatization
Paraná state utility Sanepar is suing to keep part of a R$4 billion court-ordered payment after its regulator ruled the entire sum must go to consumer tariff relief.

Brazilian Business Leaders Demand Candidates Guarantee Continuity of Landmark Tax Reform
A group of nearly 100 top executives and economists warned presidential hopefuls against disrupting the new VAT implementation.

Brazil Schedules Brasília Airport Re-Tender for December, Bundling 10 Regional Hubs in Investment Push
Brazil's government sets Dec. 17 auction for the Brasília Airport concession, requiring R$1.2bn investment and 10 regional hubs.

Brazil’s Tax Overhaul Enters ‘Test Year,’ Cutting Legal Risk for Foreign Investment
Brazil’s new Dual Value Added Tax (VAT) system begins its critical 2026 test phase, promising to simplify a tax code once ranked among the world’s worst.

Brazilian Asset Manager Patria Investments Drops Sharply Following BofA Downgrade
Patria Investments, a Brazilian private equity firm and one of the few with a primary US listing, fell 3.8% after a BofA downgrade.

Lula Reiterates 'Dream' of Reversing Eletrobras Privatization, Setting 2026 Election Risk
Former President Lula has reignited political risk for investors in Brazil's largest utility, Eletrobras, by calling its 2022 privatization the 'biggest theft' and vowing to return it to state control.

Brazil Bill Advances Social Security for Gig Workers, Shields Platforms from Employment Ties
A bill in the Brazilian Congress proposes a low-cost private pension scheme for gig workers, sidestepping the controversial issue of formal employment.

Brazil’s Central Bank Eliminates Contactless Pix Limit, Pressuring Banks to Modernize B2B Cash Management
The Brazilian Central Bank’s removal of the R$500 cap on contactless Pix transactions is forcing major banks to innovate corporate cash management services.

Bolsonaro-Ally Tarcísio Leads Lula’s Haddad in São Paulo Governor’s Race, Political Proxy Battle Heats Up
Latest Quaest poll shows incumbent Tarcísio de Freitas maintaining a significant lead over Fernando Haddad in Brazil's most critical state.

Flávio Bolsonaro Vows to Replace Five Supreme Court Justices, Calls Target a 'Rotten Orange'
Presidential candidate Flávio Bolsonaro escalated his fight with the STF, promising to oust Justice Alexandre de Moraes and appoint five new ministers.

Brazil Election to Finalize Uncertain Tax Reform, Leaving Companies in Fiscal Limbo
The October 2026 Brazil election will decide who controls the complex and uncertain transition phase of the country's landmark tax reform.

Presidential Candidate Augusto Cury Puts Privatization of Brazil’s Deficit-Ridden Post Office Back on the Table
Presidential candidate Augusto Cury has revived the push to privatize Correios after the Brazilian Post Office reported a massive R$8.5 billion loss.

OAS Confirms Fifth Electoral Observation Mission for Brazil’s 2026 General Election
Organization of American States will deploy an independent mission for the October 4 and 25 presidential and general elections.

Brazil Banco Master Scandal Reshapes 2026 Race and Court Reform
Leaked texts between a jailed banker and Justice Alexandre de Moraes fuel conservative impeachment demands and force President Lula to propose judicial reform.