Tag: Brazil Tax reform

RIO DE JANEIRO, BRAZIL - Pensioners and retirees of the National Institute of Social Security (INSS) will have relief in their pockets if the proposed tax reform increases the exemption limit of individual income tax (IR) from R$1,903.98 to...
RIO DE JANEIRO, BRAZIL - On Friday, June 25, Brazil's government unveiled the second phase of its wider tax reform bill, in which it aims to reduce income tax for up to 30 million workers, exempt 16 million from...
RIO DE JANEIRO, BRAZIL -  According to AZ Quest's Walter Maciel, the political scenario in Brazil today is "diametrically opposed" to March last year, when the government had no support in Congress and was stalled in relation to the...
RIO DE JANEIRO, BRAZIL - Shelly Shetty, Fitch's co-director of sovereign ratings for the Americas, said maintaining fiscal credibility and progressing with structural reforms is critical to changing the adverse outlook given Brazil's "BB-" rating in May last year. "Our...
RIO DE JANEIRO, BRAZIL - Among the 22 Ministers sworn in by Jair Bolsonaro in January 2019, only two have held the unofficial title of super-minister. One of them, Sérgio Moro, resigned from the Ministry of Justice suspecting that...

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