Light at the end of the fiscal war tunnel
Senate approves proposal that regularizes the past of tax incentives in the country; understand what is at stake and the next steps of this project
On the 7th of April, the Senate plenary approved a complementary Bill (PLS 130/2014) that reduces the legal uncertainty surrounding the tax incentives granted by several states to attract investments. It regularizes the situation of companies benefiting from a reduction in ICMS. The project was sent to the Chamber of Deputies (PLP 54/2015). The procedure in Congress is essential so that the solution does not occur through the Judiciary. To end the fiscal war, other complementary measures are needed and the States, through Confaz, continue to negotiate.
Article: The precariousness of the rule of law
Stability and clarity are minimum requirements for law enforcement. This is not what you see in Brazil. Standards are changed frequently, often with deplorable technical quality. The interpretation given to the norms also changes continuously, without plausible justification.