Tax reduction on fuels could cost Brazil Federal Treasury US$10 billion
The Ministry of Economy estimated that a bill to cut fuel taxes sought by President Jair Bolsonaro could cost the...
February 4, 2022Topic
Federal Treasury
Brazil’s public servants announce strikes and stoppages for January 2022
The brazil public service plans to strike in early 2022 in an attempt to negotiate a pay raise to offset...
December 30, 2021
Brazil Bolsonaro says Economy Minister will remain until the end of his term: “We will leave together”
Bolsonaro challenged the Federal Supreme Court (STF) and guaranteed Guedes' permanence until the end of his term. "We will leave...
October 25, 2021
Brazil’s August federal tax revenue up 7.25% over last year, sets record
According to Federal Treasury data released Thursday, the amount of federal tax and contribution collections in the month reflects an...
September 24, 2021
Brazil’s Treasury: 2021 year-to-date deficit would be near zero without Covid-19 spending
The Federal Treasury Secretary announced the estimate when explaining the R$73.432 (US$14.2) billion negative result recorded from January through July...
August 31, 2021
Brazil’s federal public debt closes July at US$1.03 trillion, up 1.24%
The stock of Federal Public Debt (DPF) rose 1.24% in July and closed at R$5.395 (US$1.03) trillion. The data were...
August 25, 2021
Brazilian Congress is only interested in 25% of the income tax reform this year
Brazilian Congress is only interested in 25% of the income tax reform . Brazil income tax reform coverage and expert...
July 8, 2021
Analysis: Brazil’s ‘super-rich’ enjoy 60% income tax exemption; other taxpayers only 25%
In Brazil's social-tax pyramid the wealthier someone is, the higher the portion of income is exempt from taxation, according to...
July 6, 2021
Inactive military and pensioners could cost Brazil over US$138 billion
The cost was calculated after the Federal Audit Court (TCU) last year opened the black box of data from the...
June 11, 2021