Bolsonaro issues a decree with an increase in the IOF to pay the increase of the new Bolsa Família – ISTOÉ DINHEIRO

Bolsonaro issues a decree with an increase in the IOF to pay the increase of the new Bolsa Família – ISTOÉ DINHEIRO

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Bolsonaro issues a decree with an increase in the IOF to pay the increase of the new Bolsa Família – ISTOÉ DINHEIRO

President Jair Bolsonaro

(Reuters) – President Jair Bolsonaro issued a decree on Thursday with an increase in the tax on financial transactions IOF with the aim of defraying the increase in the value of the government’s new social program that will replace Bolsa Família, the General Secretariat said. of the Presidency in note.

The increase in the Tax on Credit, Exchange and Insurance Transactions, or related to Bonds or Securities (IOF), whose percentage was not informed, will be valid in the period between September 20 and December 31, and will generate an increase in estimated collection at 2.14 billion reais, according to the note.