JusticeNotablePartialDeveloping
6.5
Brazil: Ex-São Paulo Treasury Director Arrested in R$13M Bribe Scheme
InfoMoney·BR·about 20 hours ago
Brazil's government projects a revenue loss of approximately R$5 billion in 2027 due to the elimination of a tax on 'blusinhas' (cross-border transactions and remittances). The figure is based on 2026 collections from these taxes. This fiscal shortfall could pressure Brazil's fiscal targets and influence market sentiment.