this Wednesday (1st), the bill that exempts taxpayers who receive up to R $ 5,000 monthly, one of the main campaign promises of President Luiz Inacio Lula da Silva (PT). As compensation, the proposal is to increase the taxation on the so-called super-rich.
The measure needs to be sanctioned later this year so that it can take effect for the collection of IR of 2026. The government estimates that the taxpayer who receives $ 5,000 will have an annual savings of R $ 4,356.89 with the exemption.
The text is not yet definitive. The next step is the Senate processing, where it can still change.
Next, see the main points of the Chamber approved project.
PL 1087/25: Income Tax Reform
Compensation
It is estimated that the project generates a tax waiver of R $ 25.8 billion per year. To compensate for the loss it is proposed.
The Ministry of Finance points out that it will reach “the top of the pyramid”: 0.13% of taxpayers, who today pay, an average of 2.54% IR.
For the account enters all annual income with salaries, rents, dividends and other income. Following are exempt profits with sale of goods, inheritance, savings, severe illness retirement and indemnities.
For people resident abroad, the minimum 10% tax on dividend referral will be due on any amount.
By the text, profits and dividends regarding results calculated by the end of 2025 and whose distribution has been approved by December 31 of that year will not be reached by the new 10% charge or minimum taxation.
The expectation is to raise R $ 34.12 billion with the taxation of high income.
In the report of Deputy Arthur Lira (PP-AL), it is described that any leftovers would be destined to compensate to states and municipalities and, if there is still surplus, reduce the reference rate of the CBS (contribution on goods and services), a new federal tax that will come into force with tax reform.
Discount range
Not only the taxpayer who earns up to $ 5,000 will benefit. In the original government proposal, one.
After the project passes through the hands of Lira, considering that taxation of high income would generate a surplus of collection, which would allow us to expand the partial exemption in order to ensure the fiscal neutrality of the project.
See how the reduction would happen in practice, according to the table presented by the government:
The rapporteur’s final opinion provides that the executive should send to Congress, up to a year, a project creating a national IR table update policy to try to avoid further distortions.
Exemption from encouraged securities
In the final text, Lira included new financial roles between the exempt income from the minimum tax calculation basis.
In addition to savings and applications already provided for in the previous text, they are left out:
- LCIs (Real Estate Credit Letters);
- LCAS (Agribusiness Credit Letters);
- CRIS (Certificates of Real Estate Receivables);
- CRAS (Agribusiness Receivable Certificates);
- Ligs (guaranteed real estate letters);
- LCDs (Development Credit Letters);
- FIIs (real estate investment funds);
- Fiagros (Agribusiness Investment Funds).
