Chamber approves urgency to expand MEI revenue limit

Brazil's Chamber of Deputies unanimously approved urgent processing on Tuesday (17) for a bill expanding the micro-entrepreneur individual (MEI) revenue limit. Authored by Senator Jayme Campos, the bill raises the current R$ 81,000 cap, though sources differ on the new figure: R$ 130,000 or R$ 144.9 thousand.

Brazil's Chamber of Deputies approved on Tuesday (17) the urgency request for a bill updating Simples Nacional rules and expanding benefits for micro and small businesses, focusing on MEI. The vote was unanimous with 430 ayes, allowing direct plenary debate without further thematic committees, as reported by Folha and Metrópoles. Chamber President Hugo Motta (Republicanos-PB) stated the merits would be discussed with the government and productive sector due to potential budgetary impacts, without a set voting date. “We have responsibility, we will discuss with all involved, we will listen to the government's economic team,” Motta said post-approval. The bill, from Senator Jayme Campos (União-MT) and Senate-approved in August 2021, has cleared two Chamber committees. Deputy Jack Rocha (PT-ES) argued: “We are doing social justice to include mainly women investing in crafts and family farming.” Bia Kicis (PL-DF) claimed no fiscal waiver, as Simples limits are over 80% deflated since 2016 by inflation. Reports differ on the proposed MEI limit: R$ 130,000 (Folha) or R$ 144,900 (Metrópoles), with annual IPCA adjustment, raise to two employees, and rural activities inclusion. The bill maintains unified tax collection but may reduce short-term revenue, without official estimates.

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Brazilian deputies celebrate first-round approval of SUAS funding bill PEC 383/17 in the Chamber of Deputies.
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Brazil's Chamber of Deputies approves SUAS funding PEC in first round

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Brazil's Chamber of Deputies approved PEC 383/17 in first round on Wednesday (April 8), setting a 1% floor of net current revenue for the Unified Social Assistance System (SUAS). The bill still requires a second round in the Chamber and Senate review. It includes a gradual rollout for the federal government and immediate allocation for states and municipalities.

Argentina's Subsecretaría de la Pequeña y Mediana Empresa, under the Ministry of Economy, updated billing and asset caps for micro, small, and medium enterprises in the MiPyME Registry on Monday. The changes aim for more precise classification based on economic variables and sectors, expanding access to tax and financial benefits. An asset cap of $3,438,000,000 was set for financial, real estate, or insurance firms.

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President Luiz Inácio Lula da Silva signed a provisional measure on Tuesday eliminating the 20% federal tax on international purchases up to US$ 50 from platforms in the Remessa Conforme program. Companies including Amazon, Shein, Shopee, AliExpress, Magazine Luiza and Mercado Livre have already removed the charge. The change reverses a 2024 Congress decision.

Centrist leaders in Brazil's lower house want to avoid voting on a bill regulating extra perks and supersalaries for public servants unless President Lula's government engages directly. The Supreme Federal Court suspended these benefits and ordered Congress to legislate within 60 days, but the deadline is deemed too short in an election year. The STF plenary is judging the decisions this week.

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Federal judge Humberto de Vasconcelos Sampaio of Rio de Janeiro's 1st Federal Court granted an injunction suspending the 12% export tax on crude oil. The ruling responds to a request from five oil companies producing 20% of Brazil's oil. The provisional measure creating the tax took effect on March 12.

The agribusiness caucus in Congress wants to use at least R$ 30 billion from the pre-salt social fund to ease sector debts. The proposal was discussed at a Senate meeting on Wednesday (8), called by President Davi Alcolumbre at the request of Senator Tereza Cristina (PP-MS). Finance Minister Dario Durigan signaled support for an emergency credit line.

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Economic journalist Ariel Maciel warned of high tax pressure and the SME crisis in Argentina, stating that without structural changes there will be no incentives to hire formally. He criticized the lack of dialogue with the private sector and the unsustainable cost of labor hiring.

 

 

 

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