The Brazilian legislature passed a new tax law, which must now be signed into law by the President.

The entities involved

• Luiz Inácio Lula da Silva →

  president of Brazil from 2003 to 2011 and since 2023

  • Luiz Inácio Lula da Silva wins the presidential election in Brazil, leading to political tensions with Donald Trump's administration.07:13
  • Lula da Silva linked his electoral win to the setbacks of Benjamin Netanyahu and Donald Trump, while inviting Janones to summits in Turkey and Manila.04:42
• Chamber of Deputies →

  lower house of the National Congress of Brazil

  • The Senate is taking up a Provisional Measure (PEC) in Brasília after committee review, with Senate President Davi Alcolumbre putting the text on the agenda.Tue 15:16
  • A bill is being discussed in the Chamber of Deputies to allow Cade to impose competition rules.Sat 09:51
• finance ministry →

  type of ministry responsible for government finances and economic policy

  • Central government sets long-term capital gains tax rates and reviews tax policies during the annual budget exercise.11:34
  • A Luxembourg court ruled on the finance ministry's denial, involving the financial entity Euroclear.11:34

Related events

• Congress promulgated a constitutional amendment, setting the fiscal and trade course of Brazil amid the presidential contest.Oct 16
• Lula da Silva continues his presidency in Brazil, where the country is collaborating with its environment ministry.Sep 3
• The Brazilian legislative process regarding the workweek amendment saw the Chamber of Deputies push the reform while facing Senate opposition.Jun 7
• Lula da Silva appoints João Paulo Capobianco and Marina Silva to help carry out plans to curb Amazon deforestation.Oct 19
• The Supreme Federal Court is a key judicial body in Brazil, with court reform being a campaign issue for both Lula's and Bolsonaro's camps.Oct 17