worse than there are people in the population who have part of the blame for voting for this type of people (corrupt ones) man to be honest governments like this ruin the economy and that gives headaches. 😓

New IOF Increase Raises Costs for Purchases Abroad and Loans – See What Changes, The government announced new fiscal rules with a strong impact on the pockets of Brazilians: the IOF has increased to 3.5% for international purchases with a card, remittances abroad, and the purchase of foreign currency, in addition to significantly raising the charges on loans for companies, including those under the Simples Nacional. Investments in private pension plans above R$ 50 thousand per month now pay 5% IOF, and short-term loans, previously exempt, will also be taxed. The measure aims to reinforce the federal treasury by over R$ 60 billion in the coming years while freezing R$ 31.3 billion in non-mandatory spending. The changes are already in effect, requiring attention from consumers and entrepreneurs to avoid financial surprises. $BTC , $XRP , $USDC



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