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Alternative Package to IOF Includes Changes to Fundeb and Review of Tax Benefits

Summary by Globo
These are some of the measures that make up the menu of "structural actions" proposed by the Minister of Finance to President Lula and the presidents of the Chamber of Deputies and the Senate.
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The federal government's economic team has drawn up strategies to provide political viability for changes in the Fund for the Maintenance and Development of Basic Education (Fundeb) and in tax benefits — considered structural measures for public accounts and hard-trading in Congress. Both measures are part of the "cardipation" of the economic team for the tax and can become an alternative to the government's raising the Tax on Financial Operatio…

·Brazil
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PT deputies have expressed their dissatisfaction with some of the proposals proposed to offset a reduction in the increase in the IOF (Tax on Financial Transactions) rates to the government. The party is against changes in social spending, such as the decoupling of the minimum wage from the BPC (Continuous Benefit Payment) and the review of the health and education minimum wages. The two measures were presented by the leadership of the Chamber a…

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Folha de S.PauloFolha de S.Paulo

Work on rebates for education fund and tax exemptions are at the Congress negotiating table

·Brazil
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These are some of the measures that make up the menu of "structural actions" proposed by the Minister of Finance to President Lula and the presidents of the Chamber of Deputies and the Senate.

·Brazil
Read Full Article
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Globo broke the news in Brazil on Tuesday, June 3, 2025.
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