Industries and markets

Brazil: Why the tax reform depends on the pension reform

The most sensitive issues of the new Brazilian government are the long overdue tax and pension reform. But which of them has priority? During a public hearing of the Human Rights Commission (CDH) on Monday,

Bolsonaro denies he’s a racist and that racism is a problem in Brazil

“Racism is an insignificant problem in Brazil, according to President Jair Bolsonaro, who has been accused of not just racist but also homophobic and sexist comments in the past. Bolsonaro spoke to Rede TV in

Argentina auto exporters will receive a 6.5% tax refund for sales to Mercosur

“Argentina will give its auto exporters a larger tax rebate to help stimulate the flagging local sector that has been hit hard by a consumption slump and economic crisis in Latin America’s No. 3 economy.”

Argentina’s recession steams on: industrial output in March dropped 13.4%

“The fall in output, an early indicator of growth data, was the 11th straight month of declines since the middle of last year when South America’s No. 2 economy was hit by a debt crisis,

Macri hopes to strike a political understanding with arch rival Cristina Fernandez

“Interior Minister Rogelio Frigerio told local radio on Monday that the government wanted to negotiate a “basic consensus” with the Peronist opposition over the country’s direction and intended to invite Cristina Fernandez, a divisive figure

Brazil: Online-Consultation for eSocial and DCTFWeb now available

As of now, the Brazilian government offers an online consultation tool for eSocial and DCTFWeb. Using this tool, ax payer can find out if and to what extend they have to submit company information to

Prosecutor requests 20 years in jail for ex-Peru president

“Prosecutors in Peru alleged Tuesday that they have gathered overwhelming evidence implicating former President Ollanta Humala in Latin America’s biggest graft scandal and will seek a 20-year sentence for the former head of state.”

Hundreds march in Rio to protest education federal funding cuts by Bolsonaro’s administration

“Hundreds of students and professors protested against public education funding cuts outside a military high school in Brazil where far-right President Jair Bolsonaro was attending a ceremony. Bolsonaro’s conservative government sparked outrage last week when

Brazilian military caution Bolsonaro on the extreme views of the influential “Trotsky of the right”

“The growing differences between members of the military and the so-called ideological faction of Brazil’s Jair Bolsonaro’s government prompted a reaction from a retired Army High Commander–Eduardo Villas Bôas—who considers the president to be absent

Bolsonaro signs weapon decree

“Brazil’s President Jair Bolsonaro signed a decree on Tuesday making it easier for gun enthusiasts to own, carry and import weapons in one of the world’s deadliest countries.”

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