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Congress Overturns Government Veto on Exemption of FIIs and Fiagros in Tax Reform

Summary by Globo
The overthrow was agreed with the government, which committed to sending a bill on exemption from funds
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The National Congress won this Wednesday (17) a series of presidential vetos, including those of President Luiz Inácio Lula da Silva (PT) and his predecessor, Jair Bolsonaro (PL). Among them are the vitilization of the victims of Zika Vírus, the medical-perperiental review of persons with disabilities and part of the presidential vetos in the project that regulates tax reform and deals with the Immobiliario Investment Funds (FIIIs) and the Inves…

·Brazil
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The law also reactivates transfer tax exemptions for the first sale of new homes.

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The National Congress overturned this Tuesday (June 17, 2025) the vetoes of President Luiz Inácio Lula da Silva (PT) to the exemption of Fiagros (Agribusiness Production Chain Investment Funds) and Fiis (Real Estate Investment Funds) in the Tax Reform. In the project, approved in 2024, the funds were exempt from paying IBS (Tax on Goods and Services) and CBS (Contribution on Goods and Services). However, during the sanction, the government vetoe…

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The Congress defeated, on Wednesday (17), the veto on taxation of the Investment Funds in the Agronegos Production Chains (Fiyagros), the Immobiliario Investment Funds (FIIs) and heritage funds. By decision, these funds will be free of the impact of the Tax on Benefits and Services (IBS) and the Social Contribution on Goods and Services (CBS). The veto took place at a joint session between the House of Deputies and the Federal Senate and was hea…

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The overthrow was agreed with the government, which committed to sending a bill on exemption from funds

·Brazil
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Globo broke the news in Brazil on Tuesday, June 17, 2025.
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