According to a federal deputy of the PP and rapporteur of the project that proposes to raise the income tax exemption range to $ 5,000, text will be ready for vote on July 16
Last Tuesday (7), the federal deputy of the PP of Alagoas, who acts as rapporteur of the project that proposes to raise the exemption range of the To R $ 5,000, it announced that the text will be ready for vote on July 16, the last week of the legislature before the parliamentary recess. The Lula government proposal not only exempts income to this amount, but also suggests a tax reduction for those who receive between $ 5,000 and $ 7,000.
Lira emphasized the importance of presenting detailed calculations for the project in order to prevent the new legislation from resulting in excessive collection. He stressed that the proposal must include all aspects discussed, without leaving pending regulations. The rapporteur also expressed his concern about the possibility that the new taxation discourages foreign investors.
A study by Conof (Budget and Financial Supervision Consulting) points out that project approval can cause a loss of R $ 2.9 billion to states and municipalities, although 4,413 cities benefit from the measure. Lira mentioned that this loss can be offset by a “leftover” of $ 8 billion provided for in government projections.
In addition, the rapporteur suggested that the 10% rate of the minimum tax, proposed by the government, can be reviewed, taking into account the high tax burden that already exists in Brazil. The next committee meeting is scheduled for next Tuesday, where parties will have the opportunity to present their suggestions for modification to the text.
Lira has already received a proposal that changes the minimum income for the application of the minimum income tax, raising it from $ 50,000 to $ 150,000. This proposal also includes the expansion of social contribution on net income (CSLL) to institutions that have profits over R $ 1 billion.
*Report produced with the aid of AI
