Government announces tax reform bills to be sent to Congress
Next week, the government intends to take another decisive step towards implementing the long-awaited tax reform. Two bills will be sent to Congress, bringing with them the essential regulations for Constitutional Amendment 132, approved in 2023. This initiative seeks to define crucial points of the reform, including rates of the new Value Added Tax (VAT) and guidelines for taxation. Follow the details of this important milestone in the Brazilian economy.
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Details of the regulation
Finance Minister Fernando Haddad, in a statement after a meeting with congressional leaders, including President Rodrigo Pacheco and Institutional Relations Minister Alexandre Padilha, confirmed that the bills had been sent. Haddad stressed the importance of regulations to make the provisions of the tax reform effective, emphasizing the need for complementary laws for their practical application.
One of the main points under discussion is the organization of the complementary bills. The first will deal with aspects such as VAT and selective taxes, while the second will deal with the Regional Development Fund and governance, including rules for an inter-federative council. This segmentation aims to ensure a comprehensive and efficient approach to reform regulation.
Senate commitment
In addition to tax reform, the president of the Senate, Rodrigo Pacheco, highlighted other priorities on the government's economic agenda. Projects such as payroll tax relief for municipalities, regulation of the carbon market and reformulation of the Bankruptcy Law are among the proposals highlighted.
Pacheco emphasized the Senate's commitment to working hard during the month of April to approve these bills, demonstrating a joint effort to boost the economy and promote significant changes.
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Advances in the tax structure
The submission of the tax reform bills marks an important step forward in the country's economic scenario. By regulating the provisions of Constitutional Amendment 132, the government is seeking to promote a more efficient and transparent tax structure. The expectation is that Congress will continue this process in an agile and responsible manner, contributing to economic development and the well-being of Brazilian society.
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