Revenue will fine-tune tax benefits to exclude irregular companies and increase revenue

Revenue will fine-tune tax benefits to exclude irregular companies and increase revenue
Revenue will fine-tune tax benefits to exclude irregular companies and increase revenue
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BRASÍLIA – After focusing on the large “tax tortoises”, the IRS will now take a fine-tooth comb to the more than 200 tax benefits that exist in the country. Most of them are considered “invisible” because they have smaller values ​​— in the millions and not billions? , and the fact that the government has little information and control over them.

The proposal, which appears in a Bill sent to the Congress, is that companies are required to complete an electronic declaration listing all the incentives they have. From there, the Tax Authorities will identify companies in an irregular situation, that is, those that enjoy the benefits without being entitled, and will then exclude them.

“Many of these benefits are approved by the National Congress without any type of possibility of control, because they are for self-enjoyment (no prerequisites). The taxpayer receives a benefit and simply stops paying the tax”, says the Federal Revenue Secretary, Robinson Barreirinhas. “This takes away the governance of the public authorities in relation to these hundreds of regimes”, he says.

According to the secretary, the form will be easy to fill out, without the need to send documentation. “The IRS will pull the documents from the system and check whether the company meets the requirements for those benefits. It will then inform whether or not it is entitled,” he says.

A company that has been condemned under the Improbity Law, for example, will not be able to make use of these benefits. Other impediments may be related to the Anti-Corruption Law or environmental legislation. If you are taking advantage of the benefit improperly, the taxpayer will be subject to punishment, in addition to exclusion from the differentiated regime.

According to the secretary, currently, the government is unable to see who is benefiting from these incentives, with what values ​​and whether public policy objectives are being achieved. “With this electronic control, which will be very simple, we will eventually provide instruments for the Ministries of Agriculture, Development and Industry to analyze the data and results of the policy”, he says.

The idea is that mapping also helps the government in the task of reducing these benefits — as determined by the Constitution itself. This is because, in 2021, Congress approved an amendment that establishes that, until 2028, the cost of these measures is limited to 2% of GDP. Currently, the estimate is that they are equivalent to 4.5% of GDP.

“Who knows, when we classify and guide the taxpayer, showing that he has no right, we, without revoking any incentive, will be able to reduce this percentage (from 4.5%). It’s a smart way to see these benefits before cutting,” says the secretary.

According to the Tax Authorities, tax benefits will be included in this analysis progressively. Incentives linked to Personal Income Tax, for example, will not be included in the short term, as they will be the target of a reform proposal that must be sent by the government to Congress by the end of March. Simples Nacional, which has a clearer dynamic of taxpayer entry and exit, will also not be analyzed.

The Emergency Program for the Resumption of the Events Sector (Perse), which, according to the Tax Authorities, has been used improperly, will be one of the most immediate focuses of this fine-tooth comb. “We will have broader control of Perse. It is worrying, it has always been and is in our focus”, says Barreirinhas.

The article is in Portuguese

Tags: Revenue finetune tax benefits exclude irregular companies increase revenue

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