Brazil's top court backs Lula's tax hike, exempts forfait

BRASILIA (Reuters) -Brazil’s highest court on Wednesday upheld most of a controversial presidential decree raising the country’s Financial Operations Tax (IOF), handing a revenue-boosting win to President Luiz Inacio Lula da Silva’s government. Read full story

Source : https://www.thestar.com.my/news/world/2025/07/17/brazil039s-top-court-backs-lula039s-tax-hike-exempts-forfait

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