Search

175 results for “VAT

Eletrobras (ELET3) Approves R$2 Billion Share Redemption to Finalize Novo Mercado Governance Migration
Small CapsAug 06

Eletrobras (ELET3) Approves R$2 Billion Share Redemption to Finalize Novo Mercado Governance Migration

Brazil's utility giant Eletrobras is spending R$2 billion to redeem preferred shares, finalizing its migration to the B3 Novo Mercado segment.

Brazil’s New VAT Rate Could Hit 28%, Highest in OECD
PROPoliticsAug 06

Brazil’s New VAT Rate Could Hit 28%, Highest in OECD

Brazil's dual VAT rate under the PEC 45/2019 tax reform is projected to reach 28%, threatening consumer-facing sectors and driving up services costs.

Atypical July Rain Threatens Quality of Brazil Arabica Coffee Crop, Sustaining KC_F Price Rally
AgroAug 06

Atypical July Rain Threatens Quality of Brazil Arabica Coffee Crop, Sustaining KC_F Price Rally

Excessive rainfall in Brazil's coffee belt has compromised the quality of up to 30% of the 2026/27 Arabica harvest, keeping futures prices elevated.

Unseasonal Rain Degrades Brazil's Arabica Coffee Quality, Keeping Futures Near 350 Cents
PROAgroAug 06

Unseasonal Rain Degrades Brazil's Arabica Coffee Quality, Keeping Futures Near 350 Cents

Atypical July rainfall in Brazil's Arabica regions has slowed the harvest and degraded bean quality, elevating export risk and commodity prices.

Brazil’s Central Bank Cuts Selic Rate to 14.00%, Market Eyes Conservative Forward Guidance
PROMarketsAug 05

Brazil’s Central Bank Cuts Selic Rate to 14.00%, Market Eyes Conservative Forward Guidance

Copom delivered the widely expected 25 basis point cut, turning all focus to the communiqué's signal on future easing.

Creditas Narrows Q2 Net Loss to R$66.9 Million as AI Strategy Drives Record R$1.14 Billion Origination
PROTechAug 05

Creditas Narrows Q2 Net Loss to R$66.9 Million as AI Strategy Drives Record R$1.14 Billion Origination

Brazilian fintech Creditas reported a record R$1.14 billion in 2Q26 loan origination, narrowing its net loss, crediting an AI-first operating model.

Brazilian Real Slides on Commodity Correlation as Brent Crude Plunge Confirms Vulnerability
PROCurrenciesAug 05

Brazilian Real Slides on Commodity Correlation as Brent Crude Plunge Confirms Vulnerability

The Brazilian Real's recent weakness highlights an elevated correlation with crude oil prices, pushing the USD/BRL pair higher despite a softer U.S. Dollar Index (DXY).

TGAR11's 44% YTD Drop Underlines Strategic Dividend Cut to Preserve Capital for Development
InvestingAug 04

TGAR11's 44% YTD Drop Underlines Strategic Dividend Cut to Preserve Capital for Development

Fundo de Investimento Imobiliário (FII) TGAR11's high yield is misleading, as a strategic dividend cut to R$0.72 per share aims to preserve capital amid a steep 44% YTD share price decline.

Brazil’s Dual-VAT Reform Triggers Hard-Stop Operational Risk for Companies
PROPoliticsAug 04

Brazil’s Dual-VAT Reform Triggers Hard-Stop Operational Risk for Companies

Brazilian companies must now include test IBS/CBS on e-invoices; failure means automatic rejection, forcing immediate ERP system updates.

Speculators Hold Elevated Net-Long Position in Soybeans Despite Brazil’s Record Crop Forecast
MarketsAug 04

Speculators Hold Elevated Net-Long Position in Soybeans Despite Brazil’s Record Crop Forecast

Large speculators have increased their bullish bets on soybean futures, reaching a net-long position of over 160,000 contracts.

ANBIMA Survey to Detail AI, Tokenization Adoption, Setting Brazilian Capital Markets Roadmap
TechAug 03

ANBIMA Survey to Detail AI, Tokenization Adoption, Setting Brazilian Capital Markets Roadmap

Brazil’s capital markets association, ANBIMA, will present results of a key survey on institutional AI adoption and digital assets at Rio Innovation Week.

Natura Controllers Seek OPA Waiver as Advent International Secures Board Seats
PROMarketsAug 03

Natura Controllers Seek OPA Waiver as Advent International Secures Board Seats

Cosmetics giant Natura &Co's controllers push to waive a mandatory tender offer as private equity firm Advent finalizes its strategic 8%-10% stake.

Brazil’s 14.25% Selic Rate Sustains Brazilian Real Carry Trade, Attracting Foreign Capital
CurrenciesAug 03

Brazil’s 14.25% Selic Rate Sustains Brazilian Real Carry Trade, Attracting Foreign Capital

Brazil’s elevated Selic rate of 14.25% makes the BRL a top carry trade beneficiary, driving significant foreign capital inflows.

Small-Cap Brazil Index (SMLL) Trades at 33% Discount as Rate Sensitivity Weighs
Small CapsAug 03

Small-Cap Brazil Index (SMLL) Trades at 33% Discount as Rate Sensitivity Weighs

Brazil's SMLL Index is trading at 8.7x projected earnings, a 33% discount to its historical average, due to small-cap sensitivity to the elevated Selic rate.

COPOM Begins Meeting with Selic Rate Cut Expected, But Global Tensions Elevate Risk of a Hold
PROInvestingAug 03

COPOM Begins Meeting with Selic Rate Cut Expected, But Global Tensions Elevate Risk of a Hold

Brazil's Central Bank begins its two-day Selic rate meeting, with a 25 basis point cut favored but external risks suggesting a potential hold at 14.25%.

Brazil’s Treasury to Shut Down Retail Bond App, Funneling Millions of Users to Financial Institution Platforms
PROTechJul 31

Brazil’s Treasury to Shut Down Retail Bond App, Funneling Millions of Users to Financial Institution Platforms

Brazil's National Treasury is deactivating the Tesouro Direto mobile app on August 17, 2026, forcing investors to use broker platforms, a structural tailwind for custody agents like XP and BTG Pactual (BPAC11).

EqSeed Pivots to Private Capital Ecosystem with Academy Launch, Prepares First Credit Offerings
PROTechJul 30

EqSeed Pivots to Private Capital Ecosystem with Academy Launch, Prepares First Credit Offerings

Brazilian equity crowdfunding pioneer EqSeed expands into debt financing and education, targeting the SME capital gap and fintech credit boom.

South Korea Deal Opens Beef Market Pathway, Focuses on Critical Minerals and Tech Ties
PoliticsJul 30

South Korea Deal Opens Beef Market Pathway, Focuses on Critical Minerals and Tech Ties

Brazil and South Korea elevate ties to a strategic partnership, setting a goal to double bilateral trade, with a focus on beef market access and a critical minerals supply chain.

High US Long-Term Rates Crimp Brazilian Real Strength Despite Post-Fed Rally
CurrenciesJul 30

High US Long-Term Rates Crimp Brazilian Real Strength Despite Post-Fed Rally

Elevated US 10-year Treasury yields at 4.70% are placing fundamental pressure on the BRL, threatening to unwind recent gains against the US Dollar.

2027 Brazil VAT Deadline Drives Mandate for Corporate Tech Overhaul, Creating Investment Catalyst
PROPoliticsJul 29

2027 Brazil VAT Deadline Drives Mandate for Corporate Tech Overhaul, Creating Investment Catalyst

The 2027 start of the new federal CBS tax and Selective Tax forces a system-wide corporate tech upgrade, creating opportunities.

Brazil Weighs WTO Challenge Against EU’s Impending US$2.4 Billion Meat Export Ban
PROAgroJul 29

Brazil Weighs WTO Challenge Against EU’s Impending US$2.4 Billion Meat Export Ban

Brazil's government is evaluating a WTO dispute over the EU’s meat import ban set for September 3, citing political motivation.

Brazil Rural Insurance Subsidy Cut Elevates Agribusiness Risk
PROAgroJul 28

Brazil Rural Insurance Subsidy Cut Elevates Agribusiness Risk

A R$461.7 million budget freeze for Brazil's rural insurance program (PSR) limits covered land to 2.78%, heightening risk for agribusiness and credit markets.

Brazil Inflation Bond Sales Hit 20-Year Low on Debt Rivalry
PROMarketsJul 28

Brazil Inflation Bond Sales Hit 20-Year Low on Debt Rivalry

Brazil's NTN-B inflation-linked bond emissions plummeted to a 20-year low as tax-exempt private fixed income drains demand, pushing the Treasury abroad.

Wheat Surpasses $7/bu, Pressuring Brazil Food Stocks
AgroJul 28

Wheat Surpasses $7/bu, Pressuring Brazil Food Stocks

Rising global wheat prices due to geopolitical tensions and adverse weather are set to elevate input costs for Brazil's food processors.

Brazil Fiscal Risk: Political Avoidance Masks R$500B Gap
PoliticsJul 28

Brazil Fiscal Risk: Political Avoidance Masks R$500B Gap

Analysts warn Brazil needs a R$500 billion fiscal shock by 2027, but pre-election political gridlock is stalling structural spending cuts and elevating sovereign risk.

Sabesp-EMAE Merger Vote Proceeds July 30 Despite Legal Challenge, Confirming Post-Privatization Momentum
MarketsJul 28

Sabesp-EMAE Merger Vote Proceeds July 30 Despite Legal Challenge, Confirming Post-Privatization Momentum

Sabesp and EMAE confirmed their EGMs will proceed on July 30 to vote on the merger, pushing back on a minority shareholder's legal challenge.

Brazilian B2B Tech Race Accelerates as Bling and Asaas Go All-In on SME ‘One-Stop Shop’
TechJul 28

Brazilian B2B Tech Race Accelerates as Bling and Asaas Go All-In on SME ‘One-Stop Shop’

Intense competition forces LWSA (Bling) and private fintech Asaas to converge ERP, finance, and logistics, pressuring incumbents TOTVS, Stone, and PagSeguro.

Brazil SMB Fintech Asaas Drives 'One-Stop-Shop' Pivot with R$820M Capital Raise, Targeting R$1B Revenue
TechJul 28

Brazil SMB Fintech Asaas Drives 'One-Stop-Shop' Pivot with R$820M Capital Raise, Targeting R$1B Revenue

Asaas's massive Series C and R$1B revenue goal highlights the rush by Brazilian SMB fintechs to integrate financial services with operational ERP.

Lula Senate Support Halves, Threatening Brazil Fiscal Reforms
PROPoliticsJul 28

Lula Senate Support Halves, Threatening Brazil Fiscal Reforms

Support for Lula's agenda in the Senate plummeted from 75% to 38.5%, elevating political risk and threatening fiscal reforms.

Brazil Treasury Pushes Foreign Funding as NTN-B Sales Hit 20-Year Low
MarketsJul 28

Brazil Treasury Pushes Foreign Funding as NTN-B Sales Hit 20-Year Low

Brazil's Treasury seeks Senate approval to raise external debt limits as domestic NTN-B sales hit 20-year lows due to competition from tax-exempt private debt.