Cobrança do IOF como ela se aplica? | ENTENDA EM 2 MINUTOS #09

Summary

This video explains the concept of IOF (Tax on Financial Operations) in Brazil, detailing its application across various financial transactions like credit, investments, and international purchases. The speaker discusses how the IOF tax varies depending on the operation, highlighting rates for credit card debt and investments such as RDB from Nubank. A regression schedule for IOF deductions is presented, showing how the tax decreases over 30 days after an investment. The video also emphasizes that the IOF is only applied to the earnings, not the total investment amount, and encourages viewers to like and subscribe for more content.

Takeaways

• 💰 Investors commonly withdraw their invested amounts shortly after applying, a practice prevalent until 1994.
• 📊 To regulate the financial market, the government implemented the IOF (Tax on Financial Transactions).
• 💳 The IOF applies to various financial operations including currency exchange, credit loans, and investments.
• 🔄 The IOF varies depending on the financial operation, affecting credit card payments and fixed income investments differently.
• ⏳ For credit card late payments, the IOF charge is 0.38% plus 0.0082% for each day the bill is overdue.
• 🌍 International purchases with credit, debit, or prepaid cards incur a 16.38% IOF fee regardless of transaction method.
• 📉 In fixed income investments like RDB (Recibo de Depósito Bancário), the IOF is charged progressively, decreasing over time.
• 📅 The IOF for RDBs starts at 96% on the first day of investment, reducing daily until it reaches 0% on the 30th day.
• 📉 The IOF is only applied to the earnings (rendimentos) and not the total amount invested.
• 💵 The IRRF (Imposto de Renda Retido na Fonte) is also deducted from the earnings upon withdrawal, similar to the IOF.

Q & A

What was a common practice among investors before 1994?

Investors commonly redeemed their investments just a few days after application.

What is the purpose of the IOF (Tax on Financial Operations)?

The IOF was implemented to control market operations and applies to various financial transactions.

What types of financial operations does the IOF apply to?

The IOF applies to currency exchange, credit, loans, insurance, investments, and other financial operations.

How is the IOF charged on credit card debt?

The IOF charge on credit card debt is 0.38% plus 0.0082% for each day the payment is delayed.

What is the IOF rate for international purchases with credit or debit cards?

The IOF rate for international purchases is 16.38% for any credit, debit, or prepaid card transactions.

How does the IOF charge work for fixed-income investments like RDB from Nubank?

The IOF charge for fixed-income investments decreases progressively from 96% on the first day to 0% by the thirtieth day.

What happens to the IOF charge after the thirtieth day of investment?

After the thirtieth day, there is no IOF charge for withdrawals.

What other tax is mentioned in relation to withdrawing investment funds?

The other tax mentioned is the IRRF (Tax on Income from Financial Investments), which applies only to the earnings from the investment.

How is the IRRF tax calculated?

The IRRF tax is applied only to the earnings and is deducted at the source.

What can viewers do if they understood the content presented in the video?

Viewers are encouraged to like the video, subscribe to the channel, and watch the next video.