News by Tag: Brazil Financial


Brazil Tax Update: Minimum Average Term Further Reduced for Certain Financial Transactions
January 8, 2013
Brazil makes further amendment to the provisions governing tax on financial operations (Imposto sobre Operações Financeiras - IOF) with the publication of Decree No. 7,853 which reduces the minimum average term for certain financial transactions
Brazil Reduces Financial Transaction Tax (IOF) to Nil; Encourages Businesses to Invest in Certain Sectors
September 24, 2012
The Brazilian Government has reduced the rate of financial transaction tax (Imposto sobre Operações Financeiras - IOF) on certain insurance policies to nil.