Home Business The New IR consists of four collection groups; More than $ 50,000...

The New IR consists of four collection groups; More than $ 50,000 dividend taxes | The economy

16
0

The Federal Government on Tuesday, 18, on Tuesday, on Tuesday, Planeto has submitted a bill for the income tax (IR) exemption for those who earn up to $ 5,000 per month. The proposal provides for income loss compensation with the minimum tax rate by the rich taxpayers.

The event was attended by President Luiz Inacio Lula Da Silva and Lula’s recent popularity (further information on Page B4). The exception is to go through the promotion of the president’s campaign and yet to go through the Congress.

From government estimates, 65% of IR taxpayers are no longer taxed: this measure will be exempt from another 10 million people, the income estimate. With this measurement, the R. RS of losing the collection of R 25 billion, but estimates that the tax on the riches will reach $ 34 billion, the agricultural field – the measure of the resistance to approval in the Congress.

In practice, for this project, the country has four large tax groups: Taxpayers with income up to R $ 5,000 are exempted from IR; Those with income between $ 5,000 and $ 7,000 places the current deduction tracks, but, between $ 5,000.01 and, 000 7,000, earn a credit to reduce IR (more information on this page).

Taxpayers with income more than $ 7,000 are with current regulations. In the end, taxpayers (R $ 600 per year per year), which have income more than R $ 50 thousand per month), must pay the minimum tax.

In this group, the rate is growing until 10% – for those who earn more than 000 100,000 per month ($ 1.2 million per year). According to the Ministry of Finance, the action will reach 141,000 taxpayers.

What is taxed

To verify the tax on this last group, income calculates the total income of individuals: salaries, rentals, pensions, profits and revenues in other recipes.

Three types of earnings are ignored to calculate the total income of the taxpayer: heritage receipt; Capital gains such as property sale; And also collected income such as lawsuits or labor compensation.

Then, now this taxpayer is calculated by the effective tax that pays today. If the percentage is less than the minimum rate provided to its income range, it pays the difference. If it is big, he will no longer pay the tax.

To calculate the tax rate on this part of the population, saving rentals, income from the law, securities and securities such as securities and LCAs, retirement and serious illnesses and pensions for legal and labor damages.

The argument of the financial team is that the effective tax rate of these taxpayers is low – on average, 2.5%. With changes, according to income, the average rate of riches is expected to increase to 9%. Compared, a police officer’s weakness rate of revenue is 9.8%, and 9.6%on a high school teacher’s income.

For example, a CLT worker earning 000 60,000, without considering the income, has an effective rate of 25.74%. That is, he is not beaten by a new tribute.

Dividends

The tax on the government project dividends brings as a novelty, which has a fixed rate of 10% on values ​​exceeding $ 50,000 per month. The same applies to non -resident investors in the country.

The next year will restore the income retaining amount if the taxpayer does not create a taxpayer in adjusting the IR declaration. Or if it is designed as rich, but paying a minimum tax tax set to your income range.

The tax on dividends is also returned, the company that distributed them has collected the income tax without slaughter, which means that the nominal rate is 34% (for most sectors), 40% (insurance companies) and 45% (financial institutions).

The Ministry of Finance argues that it is not intended to impose dividends, but consider these values ​​as part of the income of partners and investors when taxing these values.

‘The poor allows some meat to eat’

The President said that the project was sent to the National Congress yesterday to the National Congress to expand the income tax deduction and expand the income tax deduction and expand the income tax exemption for those who earn up to $ 5,000. “

“.

Lula said the project is “neutral” and does not create an increase in tax burden. .

And continued with a richest appeal. .

Lula also claimed that the Congress had “the right to make the necessary changes,” but an appeal: “It is to be worse, to be worse.” Information from the newspaper S. State of Paulo.

Source link