The rapporteur of the project of the income tax, congressperson Celso sabino (PSDB-PA), predicted that the collection with the updating of assets abroad will go from 20 billion reais. Sabino is calling this update a repatriation.
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The measure allows profits earned abroad to be paid at a rate of 6% next year. It’s optional. “It’s like upgrading the property,” Sabino said.
In the interview to present the new version of the opinion, the rapporteur says that, with the changes presented, the impact of the reform will be neutral, that is, there will be no loss of revenue. In the previous proposal, there was a leak in 30 billion reais.
Sabino did not provide the details of all the numbers, despite demands from journalists and members of political consultants who participated in the interview. He also considered that calculations of collection with receipt of dividends are underestimated. These calculations were made by the Internal Revenue Service.
For Sabino, the fundraising potential with profits and dividends it’s bigger. “By October 2021, we should reach a collection of 200 billion reais above the forecast”, he predicted. This is the same forecast by the Ministry of Economy.
The rapporteur downplayed the letter from the National Committee of State Secretaries of Finance (Comsefaz) asking parliamentarians not to approve the bill. “I’m not considering state notes, they haven’t considered some measures either.”
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