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Alexandre De Moraes Valid Government Decree Increasing Iof

Summary by Globo
The STF Minister excludes the impact of the risk tax on outflows
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Minister Alexandre de Moraes, of the Supreme Federal Court (STF), decided on this Thursday, 16th to restore most of the effects of the presidential decree which increased the amounts of the Tax on Financial Operations (IOF). The decision was taken after a conciliation hearing between the Executive and the Legislator concluded without agreement. The measure was the strong reaction of Federal MP Luciano Zucco (PL-RS), leader of the Opposition in t…

The decision of Minister Alexandre de Moraes, of the Supreme Federal Court (STF), which determines the restoration of part of President Lula's decree that increased the Tax on Financial Operations (IOF) had a impact on the Chamber's plenary this Thursday night, 16 parliamentarians of the opposition criticized the decision. “I don’t know what to do with us... The post Members criticize Morae's decision on IOF: ‘If I think an Emperor’ appeared fir…

·São Paulo, Brazil
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Photo: Marcelo Camargo/ABr Minister Alexandre de Moraes, of the Supreme Federal Court (STF), decided on this Thursday (16) to retain, in large part, the federal government's decree to promote the increase of IOF (Fins Tax on Financial Operations), only with the exception of the tax on operations known as “reduced risk”, which was invalidated. Responsible for reporting four processes in the STF that discuss the measure, Moraes is at the centre of…

Justice Alexandre de Moraes of the Federal Supreme Court decided this Wednesday (July 16, 2025) to uphold the Lula administration's decree that increased the IOF (Financial Transactions Tax), but ordered the elimination of the charge on the risk drawn. Read the full decision (PDF – 242 kB). The risk drawn, or forfait, is a transaction used by retailers to obtain working capital, that is, to maintain inventory and supply stores. Companies sell ri…

The STF Minister excludes the impact of the risk tax on outflows

·Brazil
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Minister of the Supreme Federal Court (STF) decided to maintain a government decree re-adjusting IOF after a legislative and executive crisis

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Gazeta Do Povo broke the news in Curitiba, Brazil on Tuesday, July 15, 2025.
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