Government and Congress Leaders Decide to Cut Tax Benefits and Taxation of Bets in Agreement on IOF

Jovem Pan News

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The leader of the PL in the Chamber, Mr Söstenes Cavalcante (PL-RJ), strongly criticised the federal government's decision to replace the IOF (tax on Financial Operations) in other forms of recovery. For him, the measure represents “more of the same” in an economic scenario that classifies as “improved” and without signs of tax liability. “When replacing the IOF by other taxes, the government did more than that. It is an improvised government in…

CNN Brasil

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The changes will serve as an alternative to the decree that increased the Tax on Financial Operations (IOF), which, according to Fazenda Minister Fernando Haddad, will be “recalibrated”

iclnoticias.com.br

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The federal government has decided to back down from increasing the IOF (Tax on Financial Transactions) and will issue a provisional measure (MP) with new compensatory measures to strengthen revenue collection and correct distortions in the tax system. The announcement was made on Sunday night (8), after a meeting considered “historic” between the Minister of Finance, Fernando Haddad, and the […]

CartaCapital

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Minister Fernando Haddad announced changes after a meeting with Congress leaders at the end of the week

Revista Oeste

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Fazenda's minister, Fernando Haddad, gave up the pressure of the Congress and accepted a review of the decree that increased the Tax on Financial Operations (IOF). The decision was taken after meeting with party leaders on the night of this Sunday, 8. To reduce the impact of the return, Haddad proposed a package of measures including tax exemptions, tax on securities until then exempt and tax increases on sports deposits. The economic team wants…