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6 results for “Brazil government”

Brazil Government Claims Windfall Oil Revenue Secures Fiscal Space for Fuel Tax Cuts
Lula’s administration cuts federal PIS/Cofins fuel taxes and boosts diesel subsidies, assuring investors the cost is offset by oil export revenues.

Fiscal Slippage: Brazil's Government Excludes Billions in Payments from New Spending Cap
Brazil's fiscal anchor is under pressure as the government excludes tens of billions of reais in payments from the new spending framework, raising country risk.

Brazil’s Commitment to Minimum Wage Pension Peg Solidifies Structural Fiscal Strain
Finance Minister Dario Durigan affirmed the government will not delink INSS pensions from minimum wage, ensuring long-term mandatory spending growth.
New Brazilian Tax Law Ends Long-Held Exemption on Real Estate Fund Payouts
Brazil’s new fiscal reform imposes a 5% withholding tax on Real Estate Investment Trust (FII) distributions for new shares, structurally lowering yields.

Rio de Janeiro Seeks R$26 Billion Debt Restructure with Major Commercial Banks
Brazil's interim Governor of Rio de Janeiro moves to renegotiate R$26 billion in commercial bank debt to secure a state primary surplus.

Brazil Government Ramps Up Pressure on Senate Over Controversial ‘Blusinhas’ E-Commerce Tax Exemption
Brazil's government is urgently pushing the Senate to approve the elimination of the 20% import tax on sub-$50 e-commerce purchases.