quarta-feira, 12 de maio de 2021

Brazil Rushes to Approve Tax Reform Before Presidential Election.

Bloomberg
Martha Viotti Beck

Read more at: https://www.bloombergquint.com/global-economics/brazil-rushes-to-approve-tax-reform-before-presidential-election
Copyright © BloombergQuint
President Jair Bolsonaro’s administration is rushing to approve a long-delayed overhaul of Brazil’s tax code before next year’s presidential election, trying to keep at least part of its market-friendly agenda afloat amid fiscal and economic setbacks imposed by the pandemic. Lower House Speaker Arthur Lira and Senate President Rodrigo Pacheco are scheduled to meet on Wednesday to discuss a join

Read more at: https://www.bloombergquint.com/global-economics/brazil-rushes-to-approve-tax-reform-before-presidential-election
Copyright © BloombergQuint
 
President Jair Bolsonaro's administration is rushing to approve a long-delayed overhaul ofBrazil's tax code before next year's presidential election, trying to keep at least part of its market-friendly agenda afloat amid fiscal and economic setbacks imposed by the pandemic. Lower House Speaker Arthur Lira and Senate President Rodrigo Pacheco are scheduled to meet on Wednesday to discuss ajoint strategy to tackle the proposal, which Will likely be sliced in different bills that would start moving through each ofthe houses to speed up the debate.   
 
Reforming Brazil's byzantine tax system with its more than 5,000 laws and thousands of dffferent rates has eluded at least four presidents over the past three decades as it means reconciling interests from several business sectors and state governments. Unlike many countries seeking to balance their budgets in the aftermath of the pandemic, Brazil doesn't intend to raise taxes now, but rather simplify its code to eliminate loopholes and improve the business environment.    
 
Another challenge Will be to pass the full reform before lawmakers' attention completely turn to next year's presidential elections.   
"The closer we get to the election, the more dffficult it becomes for lawmakers to approve unpopular measures," said Augusto Coutinho, a veteran house representative and an ally of Bolsonaro.   
Here are the five key chapters ofthe reform, as conceived by the economic team in agreement with   
the house speaker, and their odds of approval.   
 
Acesse a notícia original AQUI
Acesse: www.jacksoncampos.com.br
President Jair Bolsonaro’s administration is rushing to approve a long-delayed overhaul of Brazil’s tax code before next year’s presidential election, trying to keep at least part of its market-friendly agenda afloat amid fiscal and economic setbacks imposed by the pandemic. Lower House Speaker Arthur Lira and Senate President Rodrigo Pacheco are scheduled to meet on Wednesday to discuss a join

Read more at: https://www.bloombergquint.com/global-economics/brazil-rushes-to-approve-tax-reform-before-presidential-election
Copyright © BloombergQuintPresidentJair Bolsonaro's administration is rushing to approve a long-delayed    
overhaul ofBrazil's tax code before next year's presidential election, trying to keep at least part of    
its market-friendly agenda afloat amid fiscal and economic setbacks imposed by the pandemic.    
Lower House Speaker Arthur Lira and Senate President Rodrigo Pacheco are scheduled to meet on    
Wednesday to discuss ajoint strategy to tackle the proposal, which Will likely be sliced in different    
bills that would start moving through each ofthe houses to speed up the debate.    

Posted by on

Nenhum comentário:

Postar um comentário

Assinar: Postar comentários (Atom)