US EditionBrazilian Government Revises IOF Tax Hikes Amid Pushback
9 Articles
9 Articles
Brazil Congress Threatens to Deal Fresh Blow to Lula Fiscal Plan
President Luiz Inacio Lula da Silva’s efforts to shore up Brazil’s budget are on the brink of another setback after Congress advanced a push to block tax increases on some financial transactions from taking effect.
'Instability over tax reignites debate on hybrid investment models in startups', says expert The post ‘SMEs on alert with possible increase in IOF’, says Micro and Small Industry Union appeared first on Monitor Mercantil.
The urgency of the project to defeat an increase in IOF scales the tensions between Congress and the Palace of the Planet.
By Vinicius Konchinski – Brasil de Fato The Provisional Measure (MP) issued by the government after the review regarding the increase in the Tax on Financial Transactions (IOF) should remove R$4.8 billion earmarked for education in 2026 and change the savings account. The amount was revealed on Thursday (12) by the National Treasury. The spending cut […]
The Meio-Dia programme in Brazil on Tuesday, 16th discusses the expectation of the vote on the draft legislative decree that may undermine changes made by the federal government at the beginning of the Financial Operations Tax (IOF). In addition, the newspaper also addresses the accents made to the governor of São Paulo, Tarcísio de Freitas (Republicans), by... The post Meio-day in Brazil: The IOF crisis and the opposition of the Congress appear…
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