Reinforcing the supervision of transfers via Pix and credit cards does not mean the creation of taxes, the Federal Revenue clarified. In a statement, the Tax Authorities denied false information that circulated on social media in recent days about tax collection for digital transfers.
On January 1st, the new Federal Revenue rules for the supervision of financial transfers. The main change was the extension of monitoring of financial transactions to Pix transfers, which total at least R$5,000 per month for individuals and R$15,000 for legal entities.
In addition to Pix transactions, these limits also apply to credit card operators and payment institutions, such as digital banks and virtual wallet operators. They must notify the Revenue of operations whose monthly sum exceeds this ceiling. Traditional banks, credit unions and institutions that operate other types of transactions already had to inform the IRS about these values.
Risk management
According to the Revenue, the normative instruction that reinforced inspection allows “to offer better services to society”. As an example, the statement mentions that the amounts inspected will be included in the pre-filled Income Tax declaration for 2026 (base year 2025), reducing discrepancies and errors that lead the taxpayer to fall through the cracks.
The statement clarified that the IRS modernized inspection to include new types of institutions in the financial system, such as fintechs and virtual wallets. In the case of credit cards, the Tax Authorities abolished the Declaration of Credit Card Operations (Decred), created in 2003, and replaced it with a module for credit cards within e-Financeira, a platform that brings together digital registration files, opening and closing accounts and operations.
e-Financeira operates within the Public Digital Bookkeeping System (Sped), created in 2007 and which processes, for example, electronic invoices.
Banking and tax secrecy
In the statement, the IRS also explained that the reinforced inspection will not disrespect the laws that regulate banking and tax secrecy, without identifying the nature or origin of the transactions. “The measure aims to better manage risks by the tax administration, from which it will be possible to offer better services to society, in absolute respect for the legal rules on banking and tax secrecy.”
The IRS reiterated that e-Financeira does not identify the recipient of transfers from a person or company to third parties, via Pix or Available Electronic Transfer (TED). The system, explained the Tax Authorities, adds up all the amounts that came out of the account, including withdrawals. If the limit of R$5,000 for an individual or R$15,000 for a legal entity is exceeded, the financial institution will inform the Federal Revenue Service.
In relation to the amounts that enter an account, e-Financeira only counts the entries, without even individualizing the transfer method, whether through Pix or another. All amounts, informed the Revenue, are consolidated, and the totals transferred by debit and credit in a given account must be reported, without specifying the details of the transactions.
Financial institutions will send reports to the IRS every six months. Information relating to the first semester must be provided by the last business day of August. Data for the second semester will be presented by the last business day of February, a deadline that will allow inclusion in the pre-filled Income Tax declaration, in mid-March.
