ANNOUNCED AS TEMPORARYNo
FDI: Treatment and operations, nes
On 4 June 2014, the Brazilian President issued Decree No. 8.263, shortening the minimum term for foreign loans subject to the 6% Tax of Financial Operations (IOF) to 180 days. Previously, this rate applied to loans with a maturity of 360 days or less.
As of 4 June 2014, foreign loans with a maturity of more than 180 days will be freed from paying the IOF.
⚑ Please report this page in case you detect an inaccuracy in its content.