IOF MP must change to approve, says Motta

by Andrea
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Voting of the measure presented by the government as an alternative to the increase in IOF should be voted on 3rd (7.out); Text loses validity in 4th (8.out)

The president of, (Republicans-PB), said that the MP (Provisional Measure) presented by the government as an alternative to the increase in IOF “must undergo some change ” to be approved in the plenary.

Second, a, is at risk. As it would give the president’s government (PT) R $ 10.6 billion, in 2025, and R $ 18.3 billion in 2026, had its voting postponed 3 times. It is scheduled again for Tuesday (7.out). The text loses validity on Wednesday (8.out) and there is no agreement for approval of the proposal.

To the newspaper, Motta said that “MP is very comprehensive” e “deals with changes in many sectors ”which, according to the mayor, makes debate difficult.

He stated that the rapporteur of the measure, the deputy (PT-SP), “He has been talking to these sectors, with the benches and has made an effort to enable the report approval. We have to wait to have a sense of what, in fact, will be approved in the commission and, consequently, in the plenary of the houses ”.

Asked if he saw a chance of dehydration of the text, Motta replied: “Sometimes the great is the enemy of the good, and the best text is the one that can approve. This is what Zarattini is looking for. You can’t say whether the text will be dehydrated or not. The initial idea of ​​the government should undergo some change to enable approval here at the house ”.

According to the calculation of Poder360Zarattini made some concessions to be able to pass the text. The main one was accepting to maintain the exemption of Fixed Income IR (Income Tax), such as LCA (Agribusiness Credit Letter) and LCI (Real Estate Credit Letter), to break the opposition of the agribusiness sector to the measure. Earlier, I sought to tax them at 7.5%.

However, the rapporteur wants to preserve measures such as raising the rates of bets From 12% to 18%, the increase of interest on equity from 15% to 20%, the limit of tax compensation and the new floor of the CSLL (social contribution to net income) for fintechs.

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