Trump’s politically-charged crusade on Brazil hits a national pride: How ‘Pix’ has been revolutionizing Brazilian banking
Brazil has become one of the latest targets of U.S. President Donald Trump’s ongoing tariff crusade. In addition to threatening the largest economy in South America with crippling 50% tariffs starting in August, Washington has now taken aim at Brazil’s instant payment system, Pix, which has been massively embraced by Brazilians since its introduction in […]
IOF in Brazil: 2025 shifts and what they mean for businesses
The IOF (Tax on Financial Transactions) in Brazil has once again become a key issue in 2025, following a series of decrees, reversals, and legal disputes that have shifted—then restored—its rates. Charged on transactions such as currency exchange, credit, insurance, and investments, the IOF has a direct impact on businesses. Recently, the back-and-forth in legislation […]