
The Minister of Finance, Dario Durigan, confirmed that the federal government will not postpone the implementation of the Contribution on Goods and Services (CBS), maintaining the start of collection for January 1, 2027.
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CBS is a federal tax on consumption provided for in the Brazilian tax reform.
The Minister of Finance, Dario Durigan, stated this Thursday (5) that the federal government will not postpone the deadline for collecting the federal tax on consumption, the Contribution on Goods and Services (CBS), scheduled for January 1, 2027.

The Lula government faces internal pressure to appoint Central Bank directors in favor of reducing interest rates, while the Copom maintains the Selic at 13.75% citing fiscal uncertainties and inflation.

The federal government will need to adjust the 2027 budget after the end of online betting. The Minister of Finance, Dario Durigan, stated that the loss in specific revenue will be compensated by the redirection of consumption to other sectors of the economy.
The federal government published MP 1,399/2026, which regulates the Selective Tax on products harmful to health and the environment. The measure comes into force in February 2027, replacing the IPI with temporary transition rules until the end of the year.

The Credit Guarantee Fund (FGC) is investigating a suspected intrusion into its systems identified on October 26th. The entity restricted access and notified the ANPD, stating that, to date, there is no evidence of misuse of data.

Toyota shares rose the most since 1987 after the company raised its annual profit forecast to 3.9 trillion yen. The result was driven by demand for hybrid vehicles in the US and the devaluation of the yen, despite falling sales in China.