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The Special Department of Federal Revenue of Brazil (Portuguese: Secretaria Especial da Receita Federal do Brasil), most commonly referred to as Receita Federal (RFB) is the Brazilian federal revenue service agency and a secretariat of the Ministry of the Economy. The bureau has the role of administering tax collection and the customs of Brazil.
Brazil is a federal presidential constitutional republic, which is based on a representative democracy. The federal government has three independent branches: executive, legislative, and judicial. [1] The Federal Constitution is the supreme law of Brazil. It is the foundation and source of the legal authority underlying the existence of Brazil ...
The new bill called for a national and universal basic income to be instituted, beginning with those most in need. The bill was approved by the Senate in 2002 and by the Chamber of Deputies in 2003. President Lula da Silva signed it into law in 2004, [ 1 ] and according to the bill it is the president's responsibility to gradually implement the ...
This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. All Data is based on the World Economic Outlook Databook of the International Monetary Fund.
Brazil's government outlined an ambitious plan to rescue its public accounts from deficit which hinges on securing 168.5 billion reais ($34 billion) in extra revenue, according to the 2024 budget ...
BRASILIA (Reuters) -Brazil's Senate approved on Wednesday a bill to increase tax revenue by preventing companies from using corporate tax breaks granted by states to reduce taxable income for ...
The economy of Brazil is historically the largest in Latin America and the Southern Hemisphere in nominal terms. [30] As of 2024, the Brazilian economy is the third largest in the Americas in nominal terms, and second largest in purchasing power parity. It is an upper-middle income developing mixed economy. [31]
BRASILIA (Reuters) -Brazil's Finance Ministry will submit proposals to Congress this year to tax big tech companies and implement a global minimum tax of 15% on multinational corporations to ...