Among the main changes, the rapporteur withdrew the restriction that limited the sum of effective tax rates to 34%
The deputy, rapporteur of the reform proposal, announced significant changes in taxation. The maximum rate was fixed at 10% for annual income over R $ 1.2 million. In addition, the income range that will have a partial tax reduction has been expanded from $ 7,000 to $ 7,350 per month, while the exemption was extended to those who receive up to $ 5,000 per month. Lira pointed out that the objective of the project is to promote greater tax justice. He plans to take the proposal to vote at the House Plenary in August. Prior to that, the text will undergo a collective request, with the vote on the scheduled committee for next week. Among the main changes, the rapporteur withdrew the restriction that limited the sum of effective tax rates to 34%.
Also included was the authorization for the Union to use the minimum tax revenue surpluses as compensation for the new contribution of goods and services (CBS), which will replace five federal taxes from 2027. Another important change was the exclusion of securities encouraged from the tax base for high income, which could impact federal collection. Lira decided to maintain a 10% income tax on dividends received by individuals who earn over $ 50,000 per company, in addition to dividends sent abroad, with some exceptions.
Posted by Sarah Paula
*Report produced with the aid of AI
