Tax Reform: Senator Eduardo Braga will be rapporteur – 07/11/2023 – Market

The Federal Senate should consider the project that changes the Carf (Administrative Council of Tax Appeals) law in August and the Tax Reform should be delayed until the middle of the second half, said the President of the Senate, Rodrigo Pacheco (PSD-MG), this Tuesday (11).

For the change in tax rules, the idea is that the text only pass through the CCJ (Commission on Constitution and Justice) before going to the plenary of the House. In both cases, the rapporteur will be Senator Eduardo Braga (MDB-AM).

“What I estimate is that we can do it over the course of two months and in the middle of the second semester to appreciate it in the Senate. The intention is to enact the Tax Reform later this year, this is our expectation”, said Pacheco.

The President of the Senate met at the end of this Tuesday morning (11) with the Ministers of Finance, Fernando Haddad (PT), of Planning, Simone Tebet (MDB), and of Institutional Relations, Alexandre Padilha (PT), to discuss the economic agenda in the National Congress.

The Senate’s intention, continued Pacheco, is not to slice up the Tax Reform and to make adjustments to the text received from the Chamber of Deputies.

“We agree with its merits, adjustments can be made, but we have a sense of urgency, of importance and relevance and the Senate will take care of approving it in the coming months”, he said.

The CARF project is more urgent because the federal government needs it to be approved in order to have its impacts on the 2024 Budget project. The goal of the Ministry of Finance is to zero out the primary deficit next year.

“[Em relação ao] Carf we are confident that it will be appreciated in August”, evaluated Haddad.

This is important, according to him, for the federal government to fulfill President Lula’s (PT) campaign promises, citing as examples the “maintenance of a minimum level of investment, recomposition of the constitutional floor of health and education and the primary result that we aspire to for next year”.