Government will propose a fixed tax rate of 17.5% for financial investments

by Andrea
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The government has discussed with Congress and must put in a Provisional Measure (MP) Income Tax Changes (IR) levied on financial investments in the fiscal package to replace part of the IOF decree.

Currently, the IR charged rate is reduced according to the investment time, from 22.5% to 15%. The government’s idea is to set at 17.5% regardless of the term the investor maintains the application. This is the average percentage paid today.

The value of 17.5% will focus on all operations, including Day Trade, except in encouraged securities.

Government will propose a fixed tax rate of 17.5% for financial investments

Another change in this part of investments is the 5% IR IR of applications today, such as LCI, LCA, CRI and CRA. All inventory already issued and may be issued by December 31 will be preserved.

The government’s justification is that there are today a series of exempt titles, which in the government’s view distorts the market. Thus, interest on other applications go up to compensate the exempt.

The Ministry of Finance also proposed to give the possibility of compensation of gains and losses in all operations in the financial market and not just in variable income, as it is today. This will be done in the IR annual adjustment statement and will not only be valid for the encouraged sources.

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Regarding cryptors, the proposal is to regulate the theme, with the application of rules similar to other financial investments, but with segregated calculation and taxation.

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