Netvouz / lillymark / tag / iof http://netvouz.com/lillymark/tag/iof?feed=rss lillymark's bookmarks tagged "iof" on Netvouz Brazil Reduces Financial Transaction Tax (IOF) to Nil; Encourages Businesses to Invest in Certain Sectors http://www.nair-co.com/BrazilReducesFinancialTransactionTax-18-09-2012.aspx The Brazilian Government has reduced the rate of financial transaction tax (Imposto sobre Operações Financeiras – IOF) on certain insurance policies to nil. The declaration pertaining to tax reduction has been published on August 16, 2012 and takes effect 90 days following its announcement. lillymark Mon, 24 Sep 2012 06:02:14 GMT Brazil Tax Update: Minimum Average Term Further Reduced for Certain Financial Transactions http://www.nair-co.com/BrazilFinancialTransactionTax-07-01-2013.aspx Brazil makes further amendment to the provisions governing tax on financial operations (Imposto sobre Operações Financeiras – IOF) with the publication of Decree No. 7,853 which reduces the minimum average term for certain financial transactions with effect from December 5, 2012. lillymark Tue, 08 Jan 2013 05:25:47 GMT