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Congress Calls for Stf to Keep the Iof's Increase Down

Summary by Globo
Lawyers stated that parliamentarians had corrected the intention of the federal government Congress requested that the Supreme Federal Court (STF) recognise the validity of the legislative decree that violated the increase in the Tax on Financial Operations (IOF). Members of the House and the Senate stated that the increase in the tax was due to a failure of the federal government and that parliamentarians acted within their jurisdiction. The de…
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The House of Deputies and the Federal Senate requested that Minister Alexandre de Moraes, of the Supreme Federal Court (STF), declare constitutionally the legislative decree approved by Congress that cancelled the increase of IOF imposed by the government Lula. The demonstration was protocold on this Saturday, 11th of the four days of the Conciliation hearing marked by Moraes... The post Congress calls for Moraes to be validly defeated by the in…

·São Paulo, Brazil
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The government of Luiz Inácio Lula da Silva (Workers' Party) has been pushing the idea that the increase in the IOF (Tax on Financial Transactions) would be a form of tax justice for the so-called super-rich. However, according to experts and organizations, the impact isn't limited to high-income earners. Led by Minister Fernando Haddad (Finance), the economic team increased the financial tax in May to boost revenue. Some key categories with new…

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·Brazil
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Lawyers stated that parliamentarians had corrected the intention of the federal government Congress requested that the Supreme Federal Court (STF) recognise the validity of the legislative decree that violated the increase in the Tax on Financial Operations (IOF). Members of the House and the Senate stated that the increase in the tax was due to a failure of the federal government and that parliamentarians acted within their jurisdiction. The de…

·Brazil
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The National Congress asked Minister Alexandre de Moraes (Supreme Federal Court), Minister of State, to give effect to the violation of the IOF's orders for increases (Opera Tax on Finances). The statement was sent four days before sex, the rapporteur marked on the subject. Read more (07/11/2025)

·São Paulo, Brazil
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Folha de S.Paulo broke the news in São Paulo, Brazil on Friday, July 11, 2025.
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