President Luiz Inacio Lula da Silva’s government included higher taxation on companies that opt for the presumed profit regime as one of the legs of the project that cuts tax exemptions, seen as essential for compliance with next year’s fiscal target.
The project of Deputy José Guimarães (PT-CE), leader of the Government in the House of Representatives, increases by 10% the percentages of presumption of tax regimes in which the calculation base is presumed to companies that earn more than R $ 1.2 million per year.
The presumed profit regime, open to most companies with annual revenues of up to R $ 78 million, is usually attractive to legal entities that have a profit margin higher than the presumption defined by the IRS, as the tax is calculated on this fixed base, not on royal accounting profit.
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Many service providers enter this group, such as law firms and medical clinics, as well as medium -sized businesses in commerce and industry.
By presenting the 2026 Budget Bill (PLOA) on Friday, the economic team said they had the approval of the project-submitted on the same day to Congress by Guimarães-to raise $ 19.8 billion in extra revenues, aiming at the reaching of the primary surplus target of 0.25% of Gross Domestic Product (GDP) next year.
The project proposes the linear reduction of federal incentives and benefits of a tax nature, a path that the government had already signaled that it would take following the political crisis generated by raising the financial operations tax (IOF) on some transactions.
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Amid the widespread dissatisfaction of parliamentarians and sectors of the economy with the increase in IOF, the government had already publicly announced a proposal to reduce tax benefits in the face of the alleged predisposition shown by the mayors, Hugo Motta (Republicans-PB), and Senate, Davi Alcolumbre (Union-AP), to appreciate such a matter.
But the government had not yet revealed that it would seek, in the proposal, to increase taxation on the presumed profit companies – an invested that should face resistance in Congress.
In response to a questioning of Reuters, the Ministry of Finance said that nothing changes to presumed profit companies that earn up to $ 1.2 million per year, noting that, for others, the 10% increase applies exclusively to the installment that exceeds this amount.
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With this, a business that earns $ 1.4 million in the year, for example, will bear a 10% increase in the presumption of profit over $ 200,000.
The ministry did not respond how much the extra expected collection next year will be resulting solely from this measure in the project.
