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European stock markets and American futures are trading higher on Tuesday morning, the 17th. The Chamber of Deputies approved the regulation of the tax reform and the text will be sent to President Lula for approval after 30 years of discussions. The deputies removed many of the changes made by the senators in the text. Soft drinks, for example, will return to the “sin tax” list — with a higher rate because they are harmful to health. The Chamber also removed the sanitation of items with tax discounts, as well as the new medications included by the Senate. The lock on the standard rate of Value Added Tax (VAT) was maintained at 26.5%. In addition to the reform, the Chamber also approved PLP 210 — one of the projects in the spending cuts package. The approved text imposes locks on the granting of tax credits in the event of a deficit and expands the government's power to freeze the payment of parliamentary amendments. In the markets, the Ibovespa rose 1%, but the dollar did not budge. The US currency closed the day stagnant at 6.09 reais. The Central Bank auctioned 3.3 billion dollars in the spot market in an attempt to curb the dollar's rise. All attention is on the progress of the other two projects in the fiscal package and the 2025 budget guidelines bills (PLOA and LDO). In the US, the Federal Reserve is expected to cut US interest rates by 0.25 percentage points and the institution's statement could affect investors' mood. Diego Gimenes interviews Vanessa Canado, lawyer and former special advisor on tax reform, and Felipe Sant' Anna, market specialist at Star Desk. VEJA Mercado is broadcast live from Monday to Friday on YouTube, Facebook, Twitter, LinkedIn and VEJA+, starting at 10 am. Offered by JHSF —————————————————————————— Subscribe to VEJA: https://abr.ai/2VZw8dN Check out the latest news about Brazil and the world: https://veja.abril.com.br/ FOLLOW VEJA ON SOCIAL MEDIA: Instagram: / vejanoinsta Facebook: / veja X: http://x.com/VEJA Telegram: http://t.me/vejaoficial Linkedin: / veja-com