Haddad must meet with senators and financial market representatives to discharge at IOF

by Andrea
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Jaques Wagner (PT-BA) aims to propose a discussion between parliamentarians and the Minister of Finance on the measure and its tax impacts, amid the articulation of projects in Congress that try to overthrow the decree

Diogo Zacarias/MF
Since the decree was published, 20 legislative proposals aimed at annulling the increase in IOF

The Minister of Finance, is scheduled to meet on Wednesday (28) with senators and representatives of the banking sector. The purpose of the meeting is to discuss the increase in and its possible consequences. The articulation, led by Jaques Wagner, seeks to clarify the tax issues involved and avoid approval of projects that may oppose the measure.

Since the decree was published, 20 legislative proposals have emerged aimed at annulling the increase in IOF. This reaction in Congress demonstrates the dissatisfaction of some parliamentarians with the government’s decision. In response to this pressure, the farm team has already made some concessions, especially with regard to investments made abroad.

In addition to dialogue with the senators, Haddad will also meet with representatives of the financial sector. Bankers have expressed concerns about the effects that the increase in IOF may have on the economy and the financial market. The minister’s intention is to hear these concerns and seek an understanding that minimizes the negative impacts of the measure.

The meeting is seen as an attempt by Haddad to build a consensus around the increase in tax, while seeking to avoid a greater clash with the legislature. By clarifying the tax implications and government objectives, it is possible to reduce resistance to this tax change.

*Report produced with the aid of AI

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