RIO DE JANEIRO/BRASILIA (Reuters) -Brazil's Senate on Tuesday approved a bill maintaining tax incentives for the meetings and cultural events sector until the end of 2026, which now needs President Luiz Inacio Lula da Silva's approval to become law. Th.
Brazil's Senate on Tuesday approved a bill maintaining tax incentives for the meetings and conferences sector until the end of 2026, which now needs President Luiz Inacio Lula da Silva's approval to become law. The bill, which had already been approved by the Lower House, sets a total cap of 15 billion reais ($2.89 billion) for post-pandemic tax benefits granted to the event industry through the so-called PERSE program, valid until the end of December, 2026. In December, Lula's administration introduced an executive order aimed at limiting benefits across various sectors and ensuring fiscal compensation, including a significant downsizing of the PERSE program, targeting its elimination by 2025.
A Brazilian judge has
suspended the chair of state oil firm Petrobras board, Pietro
Sampaio Mendes, over a conflict of interest regarding his role
in the Ministry of Energy, according to a court.
Brazil Judge Suspends Petrobras Chair Over Conflict of Interest usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.