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Brazil, Fernando Haddad
Brazil's Haddad says income tax reform to be neutral, take effect in 2026
Brazilian Finance Minister Fernando Haddad said on Thursday that a reform proposed by the government to increase income tax exemptions for the middle-class will be fiscally neutral and analyzed by Congress in time for it to take effect in 2026.
BRAZIL: Haddad May Announce Income Tax Exemption For Earnings Up To BRL5,000/mth
"BRAZIL'S HADDAD IS EXPECTED TO ANNOUNCE INCOME TAX EXEMPTION TO THOSE EARNING UP TO 5,000 REAIS, SAYS SOURCE" - ReutersPreviously President Lula had requested studies to ensure that by the end of 2026 an income tax exemption will be applied to earnings up to 5,
Brazil’s Real Hits All-Time Low as Spending Cuts Disappoint
The Brazilian real dropped to a record low and stocks slumped the most since early 2023 as a proposal to cut some $12 billion in public spending disappointed investors who have grown increasingly concerned about the country’s budget deficit.
3d
Brazil proposes income tax reform, frustrating investors focused on spending cuts
Brazilian Finance Minister Fernando Haddad will make a televised address to the nation at 8:30 pm (2330 GMT) local time on ...
MercoPress
1d
Brazil's devaluation hits all-time high exchange rate
The US dollar fell an iota short of crossing the R$ 6 barrier after measures announced by the Brazilian Government of ...
2d
on MSN
Brazil President Lula Cuts Spending by $12 Billion as Investor Concerns Soar
Brazil Finance Minister Fernando Haddad unveiled a long-sought plan to cut 70 billion reais ($11.8 billion) from public ...
devdiscourse
1d
Brazil's Currency Rebounds Amidst Fiscal Turbulence
Brazil's currency rebounded after record lows as government leaders decided to pause income tax reform, focusing on spending ...
MercoPress
22h
Brazil: US dollar pierces R$ 6 barrier
The US dollar closed for the first time above the psychological R$ 6 barrier on another turbulent day in Brazil's markets, ...
1d
on MSN
Brazil Markets Set For Weekly Tumble After Spending Plan
Brazilian markets were set for the worst week in months after a much vaunted plan to cut government spending came in well ...
devdiscourse
1d
Brazil's Currency Rebounds Amid Fiscal Reform Developments
Brazil's currency regained some ground after leaders halted government income tax reform plans and emphasized fiscal ...
2d
Brazil's Real Falls To Record Low 6 To The US Dollar
Brazil's real fell Thursday to a record low 6.0 to the US dollar, a day after the government announced a near-$12 billion cut in public spending for 2025 and 2026.
1d
Brazil’s tax exemption strategy fuels currency decline and market turmoil
On Thursday, Brazil's government presented a package of measures to save more than 70 billion reais ($11.8 billion) over the ...
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