IOF Should Not Be Used for Recovery, Experts Say

Poder360

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Former President Michel Temer told Poder360 on Friday (May 30, 2025) that the impasse over the increase in the IOF (Tax on Financial Transactions) exposes the “lack of a project” of President Luiz Inácio Lula da Silva’s (PT) government. “It’s the story of a lack of a project, right? In my government, it was a 2 and a half year government, but I had a program called the Bridge to the Future. Everything we did was part of the Bridge to the Future.…

Globo

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Analysts point out that tax has regulatory purposes and is different from CPMF The increase in the tax exemptions proposed by the federal government created a crisis with Congress and left the Ministry of the Fazenda under the pressure of economists and the market. After reviewing a specific point — the acquisition of foreign investment funds applications — Fazenda argued that there is no way to change the others at risk of not complying with ta…

Revista Oeste

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The increase in IOF (Finland Financial Operations Tax) recently promoted by the federal government was received by the market as a measure with a potential effect equivalent to an increase in the Selic rate. + Read more about the economy in the West The justification would be that, by crediting the IOF would help to accelerate the economy and contain inflation, which would save the Central Bank (BC) from an additional high interest rate. For thi…

CNN Brasil

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The high tax on Financial Operations (IOF) placed the government on the contrary again. By using a tax of regular importance to try to balance public accounts, the Executive showed willingness to deal with the economy, according to experts heard by the CNN. “This issue of IOF comes to an improvise because it is improvise. Something of loving people, people out of preparation, without the knowledge of the Brazilian economy”, emphasizes the former…