Last week, events marked the economic and political scenario, both in Brazil and abroad. The Brazilian government has announced measures that can directly affect citizens’ financial life, while the international situation intensifies with conflicts in Ukraine.
Copom decisions about Selic and financial market movements were highlighted.
Follow a summary of the five main news of the last days to start the well -informed week:
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Government announces exemption project to go to R $ 5,000
The federal government announced on Tuesday (18) bill to expand the income tax exemption range for workers who earn up to $ 5,000 per month, and reduce the rate, gradually, from those who earn between $ 5,000 and $ 7,000.
The project was signed by President Luiz Inacio Lula da Silva in ceremony at the Planalto Palace. The measure will still need to be approved by the National Congress before it comes into force.
Proposal for dividend retention over R $ 50 thousand
Also on Tuesday, the federal government filed a proposal for retention at the source of dividends that exceed $ 50,000.
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Currently, dividends distributed by companies to their shareholders are exempt from taxation to individuals. With the new proposal, the government intends to retain income tax at source on dividends that exceed R $ 50,000 per month, applicable by a company in which the investor has participation.
That is, if an investor receives $ 25,000 in dividends from one company and another $ 25,000 from another, there will be no incidence of IR. However, if dividends received from the same company exceed R $ 50 thousand, taxation will be applied.
Copom raises Selic to 1 point to 14.25% per year
The Monetary Policy Committee (Copom) decided on Wednesday (19) to increase the Selic rate by 1 percentage point, now 14.25% per year. The measure aims to control inflation and was accompanied by predictions of lower adjustments in the future.
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Check out the impact of Copom’s decision on fixed income investments, stocks and funds.
OPEN THE IRPF Declaration Season 2025
The deadline for declaration of Income Tax 2025 It started on Monday (17). In 2024, the start date was on the 15th, which this year fell on a Saturday – so the start of sending the statements went to the first business day. The deadline for delivery will be on May 30, until 23:59.
Infoomoney brings full coverage of the rules, deadlines and details of the statement, with guides, reports and videos about the IRPF 2025.
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The rules also announced last week on IR exemption are not yet valid for this year 2025.
Ukraine attacks nuclear bombing base in Russia
Ukraine attacked an important Russian Strategic Bomber Poust Field on Thursday (20) with drones, causing a huge explosion and fire to about 700 km from the war lines, said Russian and Ukrainian authorities.
Videos checked by Reuters showed a huge explosion spreading from the aerodrome, reaching nearby houses. The Russian Ministry of Defense said air defenses slaughtered 132 Ukrainian drones on Russian regions.
