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President Jair Bolsonaro announced Friday (4) the increase in the IOF (tax on financial transactions) and the reduction of one of the tax bands on the
According to him, the ceiling of the IR, which is today 27.5%, will increase to 25%.
With regard to the increase in the forces of the "Israeli" occupation, he said that the increase would be a "minimal fraction", but it did not reveal any values.
] The increase, he said, will serve to offset the extension of the tax benefits accorded to the North and Northeast regions and approved by the National Congress last year. . "Unfortunately, a decree has been signed for those who have applications outside of them, so that they can fulfill the requirement of an approved bill, conceived as a counter-act. bomb, against the possibility of an increase. "
. our will, "he declared.
Bolsonaro said he was obliged to increase the amount of the tax so as not to break the law on financial responsibility with the sanction of the initiative. "Our government must have the brand not to raise taxes," he said.
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