Measure extends limit to July 31; proposal still needs to be voted on in the Senate
A Chamber of Deputies approved on Wednesday, 31, the extension of 90 days for the delivery of the Income Tax in 2021. With the postponement, Brazilians have until July 31 to settle accounts with the lion. The current deadline foresees delivery until April 30th. The proposal goes on to be analyzed by the Senate. According to the rapporteur Marco Aurélio Sampaio (MDB-PI), the text does not change the schedule for refunds and maintains the delivery of the first batch on May 31. The measure also authorizes the payment of the single installment or installments due by July 31 without the addition of interest.
The deputies justified the change due to the worsening of the new coronavirus pandemic and reissue of measures that intensify social isolation and restrict the functioning of trade and services. The filing of the Income Tax declaration had already been extended in 2020, also due to the worsening of the health crisis. At the time, the measure was made through a regulatory instruction from the Federal Revenue Service, which increased the limit to June 30.
According to data from the Federal Revenue, more than 9 million declarations had already been sent until this Tuesday, 30, totaling 27% of the total. The tax authorities expect to deliver 32.6 million declarations, totaling approximately R $ 19.6 billion, a value similar to that received last year. Of this total, 60% will have taxes to be refunded, 21% will have no taxes to pay or refund and 19% will have taxes to pay.