On 15 January 2015, Brazil published the Budget for 2016 in the Official Gazette as Law 13,255/2016. Although no tax changes are included in the Budget, it does take into account expected revenue from the bank transactions tax (CPMF), which was proposed to be reinstated as part of proposed measures to increase revenue in September 2015 ({News-2015-09-17/P/3- previous coverage}). In that proposal, the tax would be levied at a rate of 0.2% on any debit on bank accounts for four years. Legislati…