On Tuesday, 18 years old, Federal Revenue, Robinson Barenhas, said that keeping a profit source in Brazil, more than $ 50,000, will not be valid for individuals, that is, for example, does not cover legal entities and investment funds. To keep profit distributions abroad, this measure applies to both individuals or legal entities, to any value.
The Minister of Economic Reforms, Marcus Pinto, explained that non -residents do not pay a tax on capital income on the scholarship and will remain exempt from the proposal announced today. Investment funds and foreigners who invest in Brazil will not pay the tax. “If the foreigner invests in a local fund that invests in the stock market, his strikes do not change either,” he said.
According to PINTO, the interest on stock (JCP), which are many rewards that are paid to foreigners in Brazil, do not change with the proposal. In addition, the foreigner has the right to return, as well as the headquarters in Brazil, in relation to imposing taxes on the legal entity.
“Therefore, for example, if the legal entity that paid the profit distributions is an effective rate of 34 %, all of it will be returned abroad, because the company has already paid 34 % of the income tax in the legal entity,” explained.
Modifying the scope of infrared to 3.03 thousand dollars
The Federal Revenue Minister stated that the government will make this year an amendment within the scope of income tax exemption to $ 3.03,000, once approved by the 2025 annual budget bill (PLOA) in Congress. The annual cost of this expansion to the lowest two sisters is less than $ 5 billion.
Barreirinhas reiterated that infrared exemption for those who earn up to $ 5,000, which will happen in 2026, will cost $ 25.84 billion a year. Indeed, compensation for the minimum taxes for high income, which will compensate for the loss of revenues, will achieve revenues of $ 25.22 billion, Rangetores, to public treasury. He also said that the income tax by 10 % for stock profits from abroad will achieve $ 8.9 billion in revenues.
