Haddad: IOF About Sending Dividends to the Outside 'I Was Never on the Floor'

Finance Minister Fernando Haddad only tells part of the story when he says that the IOF (Tax on Financial Transactions) charge was higher under the Jair Bolsonaro (PL) government. Former Economy Minister Paulo Guedes announced in the first quarter of 2022 a decree that intended to eliminate the rates by 2028, in the international card modality. According to him, the measure would serve to facilitate access to the OECD (Organization for Economic …

The government's intention, said the minister, was to equalize taxes "that there should be no breaks to escape from legislation"