Lira currency include Iof compensation in the income tax project

Lira currency include Iof compensation in the income tax project


The former chamber of the Chamber establishes that the discussion is open and that the high -income minimum income tax can be reduced or still exchanged with an exclusive taxation on dividends

Brasilia – Representative in the Chamber of Deputies of the project that exempts the Income tax of those who earn up to $ 5 thousand, Arthur Lira (PP-AL) Tuesday 8 said that it evaluates the compensatory measures for the reversal of the Financial operations tax (IOF) in your text. The deputy said that the suggestion was taken by the representatives of the parties, in particular PSD and MDB, at the meeting of the coordinators this morning on the income tax project.

“We all know what happened, the decision on the decree, the decision of the court, so we must find a legal, political and legislative exit for this problem of which the two houses discuss,” said Lira. “We will analyze to see if it adapts, helps or hinders the complexity of finding a solution. These variables will be treated today.”

Lira said that the report that dealt exclusively with the income tax was ready to be filed on the 27th, but received the government’s request to be postponed in the middle of the escalation of the political tension of Iof.



The government proposed, through a presidential decree, to regain the tax. The congress canceled the decision and the executive appealed to the Supreme Court supporting illegality in the reversal. On Friday, Minister Alexandre De Moraes supported the increase in taxes, but considered the reversal of the excessive decree. A conciliation audition was scheduled for 15.

Although the government is now claiming that the purpose of the increase was regulatory, to correct tax violations, the economic team had the collection of $ 12 billion this year and $ 20 billion next year to close the accounts and achieve the objectives established in the tax framework.

Lira argues that the government’s proposal to compensate for the exemption for those who receive up to $ 5,000 increase more than necessary. Therefore, deputies discuss reduce the minimum income rate high from 10% to 9% or 8%.

“Everyone knows that the accounts of a minimum rate of 10% provide much higher compensation than the estimated renunciation for 2026, $ 25.8 billion and a collection of $ 34 billion. So logical that if we are looking for the punctual neutrality of $ 5,000 exemption, we will look for a more effective rate.” He said.

Lira also declared that there are discussions for the exchange of taxes on a high income for taxation on dividends, considering the progressiveness of the taxpayer’s income level.

The government’s proposal is to tax at least 10% who earn $ 1.2 million per year. The taxation is growing and starts from those who earn $ 600,000 per year. According to the economic team, 144,000 taxpayers have a high income and pay well below the middle class – an average taxation of 2.5%, while salaried professionals of the middle class, such as the police and teachers, pay about 10%.

“These are two lines that we discuss. In the minimum income tax, a probable change of some topics that have been much discussed in the Commission. And also the possibility of non -compliant taxation, on dividends. One or the other. But nothing was beaten in the hammer because the coordinators deal with their banks,” he said.

Lira avoided an opinion on the agreement to add to the IOF discussion to the income tax, but said that it is considered difficult to advance the provisional measure presented by the government to compensate for the loss of taxes on financial transactions.

“The moment is not quiet for a complex provisional measure of the genre. So what we can advance a solution to these tax credit problems … The congress is aware of it, the deputies and senators are aware of it, we are all looking for a unit of tax justice, but we have a series of issues that must be resolved,” he said.

Despite the still open debates, the deputy avoided digging if the vote is postponed to the second half.

“With a lot of patience we will make the conversations today, if everything is in the simplest way, we can present a relationship this week. It will depend on this conversation with the President of the Chamber and the leaders of the party, but all the remnants here on the commission are on the path of neutrality and voting possibly later this semester, but it will depend on these conversations,” he said.

Source: Terra

You may also like