Device aims to automate the calculation of IR on variable income, facilitating the declaration of gains for taxpayers
The Minister of Finance, expressed optimism regarding the economic performance of Brazil, stating that the country should end the year in a better situation than market forecasts indicate. “The IPCA is in line with what was designed. I’m confident that we will finish the year a little better than predictions. And next year in a more comfortable situation.” The minister spoke today with journalists at an official launch event of the variable income calculator at B3 headquarters in São Paulo.
It was based on the recent 0.43% drop in the Broad National Consumer Price Index (IPCA) in April, and projected that 2026 will be an even more favorable year. During his speech, Haddad also addressed a social security fraud scheme, which resulted in undue discounts for retirees and pensioners. ” Let’s evaluate each step there to see how the damaged will be repaired by the damage that was caused by the associations that were unmasked by the federal government, ”he said.
“The news we had of the Union’s Attorney General is that an appreciable set of funds have been blocked from the accounts of the associations that committed robberies. We will take stock of these initiatives that the Attorney General’s Office is taking and that the Comptroller General of the Union is taking, precisely to make those who have to pay the bill is who committed abuse, who committed the fraud. Also, of reimbursement of those who have been harmed. This is the evaluation that is being made and it seems that there is amount of money available from these associations to start the compensation of those who have been harmed, ”he added.
Regarding the income tax reform, the minister made himself available to the rapporteur, deputy, to discuss details of the proposal. Haddad also commented on US tariff policy, noting that Brazil is prepared to face the challenges of the global economy. “I’ve been talking to my peers and everyone is suffering from the effects of this turbulence, whether in Colombia, Mexico, anywhere. Each one is facing their way. What I understand is that Brazil is well positioned to face this turbulence. We will continue to generate jobs, we will bring inflation into the goal, but we will continue to generate opportunity for income, work and income.”
In addition, the minister talked about the launch of the Assistant Income Tax Auxiliary Program of Individuals for Variable Income Operations, known as Revive. This new tool aims to automate the calculation of variable income tax, facilitating the declaration of gains for taxpayers.
The Revive Calculator, which is free and can be accessed at B3, requires authorization for data sharing with the IRS. Haddad pointed out that the government has plans to digitize consumption tax in the coming years, seeking to modernize and simplify the Brazilian tax system.
*Report produced with the aid of AI
Posted by Fernando Dias
