Changes in income tax (IR) on financial investments and taxation of bets They are necessary to fulfill the tax framework in 2026, said the Minister of Finance, Fernando Haddad. He participates in the hearing of the Joint Commission that analyzes the Provisional Measure 1,303/2025edited to compensate for the dehydration of the decree that raised the Financial Operations Tax (IOF).
“The goal is to get out of the chronic deficit trap that has been with us since 2015,” said Haddad.
Originally, the audience was scheduled for last week, but was postponed because of the Plenary Occupation the House and Senate by opposition parliamentarians.
Haddad has again stated that the changes aim to increase taxation on the richest, sparing the low -income population.
“Those who did not pay tax is being called to contribute. We will distribute the load fairly, without penalizing the low -income population,” he said.
Although it brings some Changes for 2025such as the hardening of tax contributions and the increase in BETS tax, changes in income tax on financial investments will only come into force in 2026, because of the principle of annuality, which provides that tax increases can only be valid in the year following the sanction of the law.
For 2026, the tax framework provides for primary surplus, savings of resources to pay for interest on public debt, of 0.25% of Gross Domestic Product (GDP), plus a growth limit of spending up to 2.5% above 2025 inflation or up to 70% of revenue growth above inflation.
Installed in July, the Joint Commission that analyzes MP 1.303/2025 has as president Senator Renan Calheiros (MDB-AL) and as a rapporteur federal deputy Carlos Zarattini (PT-SP) as rapporteur. This is the first of four sessions provided for by the Commission.
Unification of rates
The minister defended the unification of the tax rate of IR at 17.5% for fixed and crypto income. According to him, the measure is neutral for public debt, but helps to promote the tax balance among investors.
“The goal is to close gaps, ensure fair competition and ensure that fiscal adjustment is made by preserving growth, with inflation and unemployment down,” said Haddad.
The minister denied that the new taxation will discourage the investment from 2026.
Regarding 12% to 18% of the contribution on revenues paid by sports betting companies, the minister classified the proliferation of bets as a “public health problem”. On increased social contribution on net income (CSLL) for fintechs. The government argues that the measure eliminates distortions between large banks and high -revenue fintechs.
Changes
By the IRS estimates, the forecast of collection with the new MP is as follows:
- Hardening of criteria for requesting tax compensation: R $ 10 billion by 2025 and R $ 10 billion in 2026. Compensations are requested to discounts of more paid taxes in the production chain;
- Elevation of 15% to 20% of income tax with interest on interest on equity (JCP): R $ 4.99 billion in 2026. JCP are a type of compensation that company pays to shareholders;
- Elevation from 12% to 18% tax on BETS revenues (Electronic Betting Companies): R $ 285 million in 2025 and R $ 1.7 billion in 2026;
- Elevation of Social Contribution on Net Income (CSLL) on fintechs from 9% to 15%: R $ 263 million in 2025 and R $ 1.58 billion next year;
- End of income tax exemption for encouraged private securities (LCI, LCA, CRI, CRA and encouraged debentures): R $ 2.6 billion to public coffers by 2026.
Regarding the measures that limit expenses, the MP brought the following changes:
- Insertion of the Pé-de Step Program in the Constitutional Floor of Education;
- Limitation to 30 days of temporary disability benefits (old sickness benefits) to benefits granted by atestmed, a digital medical certificate system of the National Institute of Social Security (INSS). After this period, face -to -face medical expertise will be required;
- Ceiling for the financial compensation that Union pays for state and municipal social security regimes to incorporate the time of service into the INSS, with a amount limited to the budget defined amount;
- Adjustments in the criteria for granting a defense insurance, assistance for fishermen during the period of the defense, with approval of the registration of fisherman by the city and ceiling limited to the amount defined in the sanction of the budget.
