Filipe de Vasconcelos Fernandes (Senior Consultant) writes an article for Advocatus by ECO entitled "The year 2021 and the first shakes to the Parafiscal State".

"It is anticipated that 2021 will offer some of the first shocks to the (uncontrolled) model of the Parafiscal State which, in the meantime, has proliferated, with strong repercussions on tax and budgetary policy options".

Read the article here.