Beyond Provisional Measure (MP) with collection measures, the government of the president Luiz Inácio Lula da Silva (PT) also published on the night of Wednesday (11) a decree to revoke the same rule issued in May, which increased the tax on Financial Operations (IOF). The retreat took place after pressure from the National Congress and according to party leaders.
The new text maintains much of the rules of the previous decree, but modifies sensitive devices, especially about the additional rate in credit operations and the treatment of foreign investment.
Check out the main changes compared to the revoked text
The additional IOF rate for credit operations with companies was reduced from 0.95% to 0.38%, equating to the rate applied to individuals.
A new 1.10% rate was created for remittances abroad with the purpose of investment, replacing the old exemption.
The limits of exemption for contributions in survival coverage insurance were reformulated:
Until December 31, 2025: exemption for contributions of up to R $ 300 thousand per insurer;
From 2026: exemption up to the limit of R $ 600 thousand per year, adding all the insured plans.
IOF instituted of 0.38% on the primary acquisition of FIDC quotas, except for purchases made until June 13, 2025 or in the secondary market.
The new text also maintained the revocation of IOF exemption devices to enter foreign resources in the country for investments in fixed and variable income.
