The government, the Senate and the Chamber of Deputies reached an agreement to vote on the Provisional Measure (MP) that replaces the increase in the Tax on Financial Operations (IOF), said this Tuesday (7) the Minister of Finance, Fernando Haddad. According to him, all parties made concessions, which should result in a loss of around R$3 billion in revenue expected for 2026.
The negotiation was sealed in a meeting in the office of the President of the Senate, Davi Alcolumbre, with the presence of the Government leader in Congress, Senator Randolfe Rodrigues (PT-PE). According to Haddad, the differences that hindered the progress of the text were overcome after adjustments made by the Executive and parliamentarians.
“After the clarifications made, it seems that the calendar will now follow its path, evidently with the approval of the government, which is supporting deputy Zarattini”, declared Haddad upon leaving the meeting in the Senate.
The Chamber of Deputies had reached an agreement to vote on the report, but negotiations stalled in the Senate, amid resistance from economic sectors that would be affected by the new rules.
Strengthening regulation
Among the main concessions, the government decided to maintain the exemption on Real Estate Credit Letters (LCI) and Agribusiness Credit Letters (LCA), retreating from the initial taxation proposal. Haddad explained that the change responded to a call from the productive sector, which argued that the charge could have a negative impact in a scenario of high interest rates.
According to Haddad, the government will need to tighten regulations to stop the loss of revenue. The government, explained the minister, must reinforce the criteria so that the resources invested in LCI and LCA are applied to credit operations linked to agribusiness and the real estate market.
bets
Another point negotiated was the taxation of electronic betting houses. The government gave up on raising taxes on betsbut included compensation. Companies that operated in the country before the sector was regulated must pay 30% of the revenue obtained during this period.
Initially, the Ministry of Finance planned to raise R$20 billion with the MP. With the changes, the value was reduced to R$17 billion, which represents a drop of R$3 billion in the revenue estimate.
Haddad’s presence in the Senate this Tuesday reinforces the government’s rush to approve the text. The MP needs to be voted on by Congress by this Wednesday (8) to avoid losing its validity.
