Brazilians Lost R$62.5 Billion to Betting Last Year. Congress Spent the Week on Tax Arbitration
Brazil · POLITICS Key Facts —Tax arbitration The Senate gave PLP 124/2022 final approval on 12 August by 69 votes to none. It creates settlement, mediation and special arbitration for tax and customs disputes, and awaits presidential signature. —Payroll-deducted rent The Chamber approved PL 462/11 on 12 August, allowing rent to be deducted directly from […] The post Brazilians Lost R$62.5 Billion…
Brazilian businesses could see a significant improvement in tax and customs dispute resolution under newly approved legislation. The Senate approved PLP 124/2022 on August 12, 2026, creating arbitration, mediation, and settlement options for such disputes, reducing the time it takes to resolve these issues from a decade to a more manageable period. However, the bill still requires the president's signature before it becomes law.
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