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Turkey Surprise Tax Hike to Boost Budget, Risk Lira Appetite

Summary by Bloomberg
Turkey raised withholding taxes on lira-denominated deposits and mutual funds, tightening its grip on household savings as it seeks fresh revenue to ease the budget deficit.

7 Articles

Member states that there is still a possibility of including solutions on IOF in the IR project.

·Brazil
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Folha de S.PauloFolha de S.Paulo
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UOLUOL

Federal President Arthur Lira (PP-AL) said on this afternoon (8) that n will close the final rio report of the project which raised the interest rate of the Rent Tax for R$ 5,000 still this week or p xima and says that the text can provide for a quota of m not less than the government's proposal. Read more (07/08/2025

·São Paulo, Brazil
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UOL broke the news in Brazil on Tuesday, July 8, 2025.
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