The IOF battle heads to the Supreme Court and other weekly topics

BRAZIL POLITICS - Report 30 Jun 2025 by Murillo de Aragão and Cristiano Noronha

The repeal of the IOF decree by Congress continues to resonate. The government is seeking a solution to offset the lost revenue. Lawmakers are staging a protest against Provisional Measure (MP) No. 1,303/25, which taxes financial investments and raises taxes on bets and fintechs. The government is also launching the 2025–2026 Harvest Plan. On Thursday, President Lula will attend the Mercosur summit in Buenos Aires.

This week's Talking Points:

 - Key topics on the July agenda.

 - The IOF battle heads to the Supreme Court.

 - Fiscal target: the government will need to pursue additional measures.

 - Widespread dissatisfaction with political coordination.

 - Procedural implications of increasing the number of deputies.

- The pro-amnesty demonstration.

Now read on...

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