BRAZIL POLITICS
Analysts
Murillo de Aragão
Founder, Political Consultancy Arko Advice
Cristiano Noronha
Partner, Political Consultancy Arko AdviceRecent Country Insights
The IOF battle heads to the Supreme Court and other weekly topics
BRAZIL POLITICS · Report · 30 Jun 2025
The repeal of the IOF decree by Congress continues to resonate. The government is seeking a solution to offset the lost revenue. Lawmakers are staging a protest against Provisional Measure (MP) No. 1,303/25, which taxes financial investments and raises taxes on bets and fintechs. The government i...
Bolsonaro held a rally yesterday, the government continues to discuss alternatives to the IOF, and the government will launch the Sustainable Car program this week
BRAZIL POLITICS · Report · 30 Jun 2025
Yesterday, former President Jair Bolsonaro held a rally in São Paulo in support of an amnesty bill. The crowd, estimated between 16,000 and 17,000 people, was one of the smallest turnouts at an event organized by the former president. In the coming days, the government may decide what measures to...
The government is looking for alternaties to the IOF tax increase, Haddad will give an interview on this topic, and the STF will hold a public hearing on mandatory congressional earmarks
BRAZIL POLITICS · Report · 27 Jun 2025
The government is currently evaluating alternatives following Congress’s decision to overturn the IOF tax increase. According to Finance Minister Fernando Haddad, there are three possible paths: identifying new sources of revenue, challenging the overturning of the decree before the Supreme Feder...
The House and Senate approved the overturning of the IOF decree, the House also passed a bill that increases the total number of deputies, and the STF discusses the liability of big tech companies
BRAZIL POLITICS · Report · 26 Jun 2025
Both the Lower House and the Senate have approved a legislative decree overturning President Lula’s executive order that raised the Financial Transactions Tax (IOF)—a symbolic defeat for the administration in Congress that underscores growing dissatisfaction even among allied parties. Yesterday, ...
The House may vote to overturn the presidential decree on the IOF, the STF will resume adjudication of the liability of big tech companies, and the CNPE may announce a change in the blends of gasoline and diesel
BRAZIL POLITICS · Report · 25 Jun 2025
The President of the Lower House, Hugo Motta (Republicanos-PB), announced that the House will vote today on a bill to overturn the presidential decree that raised the IOF (Financial Transactions Tax). If the bill does reach a floor vote today, it is likely to pass. The Supreme Federal Court (STF)...
Justice Toffoli holds a hearing on compensation for victims of the INSS scheme, Haddad and Padilha address the new SUS program, and the Mines and Energy Ministry may announce new gasoline blend percentages
BRAZIL POLITICS · Report · 24 Jun 2025
Supreme Federal Court (STF) Justice Dias Toffoli has scheduled a conciliation hearing for today to address compensation for retirees and pensioners who were victims of fraudulent membership-related deductions from their INSS benefits. Today, Finance Minister Fernando Haddad and Health Minister Al...
Entrenched polarization and other weekly topics
BRAZIL POLITICS · Report · 23 Jun 2025
The government may present party leaders with a proposal for a 10% across-the-board cut in tax benefits. According to Deputy Finance Minister Dario Durigan, the Manaus Free Trade Zone and personal income tax deductions would be preserved. Arthur Lira (PP-AL) is expected to present his report on t...
The Ministry of Finance is expected to propose a 10% cut in tax benefits, the National Energy Policy Council is expected to discuss increasing the ethanol blend in gasoline, and the STF will have a busy week
BRAZIL POLITICS · Report · 23 Jun 2025
In an interview last week, Executive Secretary of the Finance Ministry Dario Durigan said the economic team is expected to present a proposal this week to the presidents of the Lower House and the Senate, as well as to party leaders, calling for a 10% across-the-board cut in tax benefits. Also sc...
Senator Alcolumbre read the request to establish a CPMI into the INSS scandal, Congress overturned a presidential veto that would have increased taxes, and the Central Bank will announce the Selic
BRAZIL POLITICS · Report · 18 Jun 2025
The President of Congress, Senator Davi Alcolumbre (União-AP), has read the request to establish a Joint Parliamentary Committee of Inquiry (CPMI) into the INSS and authorized the formation of the panel. Yesterday, during a joint congressional session, lawmakers also voted on presidential vetoes....