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

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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

Date: 17 July, 2025 7:02 am
Source: thestar.com.my

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