The president of the House of Representatives, (Republicans-PB), requested the federal government to immediately suspend the collection of financial operations tax () on draweed risk operations, a mode of credit used mainly by small and medium enterprises. The measure was instituted by presidential decree and begins to apply this Sunday (1st). The request was made during a meeting with the Minister of Finance, last Wednesday (28), in which also participated the president of the Senate, (Union-AP). The presidents of the two houses gave a period of ten days for the government to present alternatives to the increase in tax, which is seen by parliamentarians as harmful to economic activity, especially to the retail sector.
The draweed risk is an operation in which suppliers receive in advance, through banks, the sales values made on time. Until the publication of the decree, these operations were not subject to IOF collection. With the new rule, they have the same taxation of other types of business credit, with a rate that can reach 3.95% per year.
According to the government, the change aims to expand the collection and ensure compliance with fiscal goals. The expectation of the Ministry of Finance is to raise R $ 20.5 billion by 2025 and up to R $ 41 billion in 2026. The executive secretary of the portfolio, argues that the equalization of the operation with traditional credit promotes isonomy and avoids distortions.
Even so, the reaction is not strong. 22 Legislative Decree (PDLS) projects have already been filed to try to overthrow the measure – 20 in the House and 2 in the Senate. Although rarely used to reverse presidential decrees, PDLs are a tool provided for in the Constitution and can represent a political defeat to the executive if they advance.
The President of the Parliamentary Front of Commerce and Services, Deputy Domingos Sávio (PL-MG), warned that the charge can generate judicial liabilities. “Either the government retreats and revokes the decree, or the congress will do so. And whoever is already paying goes to court requesting the return,” he said. On Friday (30), President Luiz Inacio Lula da Silva (PT) met with Minister Fernando Haddad outside the official agenda, amid the increasing pressures for the government to review the measure. Haddad recognizes that it is possible to discuss alternatives for 2026, but stresses that for 2025 the tax margin is limited and the retreat would require new budget cuts.
Published by Felipe Dantas
