News by Tag: Financial Transaction Tax


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.
Brazil Introduces New Amendments to Financial Transaction Tax (IOF)
May 10, 2012
The Brazilian Government has introduced new amendments to the regulations on financial transactions tax (IOF) imposed on foreign exchange transaction with effect from March 1, 2012.