PDL 214/2025 | Decree to Overturn the IOF Increase | House of Representatives

The contested decree, issued by the Executive Branch, significantly increased the tax burden on credit, foreign exchange, insurance, and securities transactions, directly impacting the cost of credit and economic activity. According to the authors of the draft legislation, the measure was taken without proper technical justification, without dialogue with the National Congress, and with serious consequences for the business environment in the country.