The Finance and Taxation Committee of the Chamber of Deputies approved this Wednesday (25) a project that determines a cut in tax benefits granted by the Union. The proposal now goes to the CCJ Committee (Constitution and Justice Committee) for analysis.
The matter is one of the Executive’s priorities for balancing public accounts in 2026. The estimated impact of increased revenue is R$20 billion next year. After analysis in the committees, the text still needs to pass through the Chamber plenary, before going to the Senate.
The project is authored by the government leader in the Chamber, deputy José Guimarães (PT-CE). The rapporteur was deputy Mauro Benevides Filho (PDT-CE).
The federal government is counting on the approval of the project later this year to guarantee revenues already foreseen in the 2026 budget. The proposal is part of the package defended by the Executive and agreed with Congress to compensate for the overturn of the IOF (Financial Operations Tax) decree.
At a press conference this week, the executive secretary of the Ministry of Finance, Dario Durigan, defended the approval and highlighted that the government has a “challenge” of guaranteeing revenue of R$30 billion for 2026.
“Our challenge is R$30 billion for next year, we are talking about R$10 billion from the BBB bill, which deals with bets, JCP and correction of the CSLL of financial institutions and R$20 billion from the complementary bill that deals with the review of tax benefits”, he stated.
The project, according to the opinion presented by the rapporteur, is in line with the amendment to Constitutional Amendment No. 109/2021, which sets the limit of 2% of GDP (Gross Domestic Product) for federal tax benefits until 2029.
“We want to emphasize, to make it absolutely clear, a fundamental aspect of the proposal: there will be no elimination of benefits, but rather a reduction. The benefits will continue to be advantageous for taxpayers, even after the 10% reduction, preserving the competitiveness of the productive sector”, highlighted Mauro Benevides Filho.
The reduction applies to incentives and benefits such as the Contribution to PIS/Pasep (Social Integration and Public Servant Asset Formation Programs) and Cofins (Contribution to Social Security Financing).
Also this Wednesday (26), another essential matter for the government was updated in the Federal Senate. The project authored by senator Renan Calheiros (MDB-AL) and which deals with the taxation of fintechs and bets had its consideration postponed until December.
