๐ฆ๐๐๐ฐ๐ฅ๐๐๐๐๐ง๐ ๐๐๐๐๐ฅ๐๐ ๐๐๐๐๐ฅ๐๐ ๐ง๐ฅ๐๐ก๐ฆ๐๐๐ง๐๐ ๐๐ข ๐๐ฅ๐๐ฆ๐๐ ๐ช๐๐๐๐ ๐๐ฅ๐๐๐๐ฆ ๐๐๐ฆ ๐๐ก๐ ๐๐๐ฆ ๐ข๐ก๐๐ ๐๐๐๐๐ก ๐๐ ๐ฃ๐ข๐ฅ๐ง๐๐ก๐ง ๐ ๐ข๐ ๐๐ก๐ง ๐ข๐ ๐ฃ๐๐ฌ๐ ๐๐ก๐ง๐
The Brazilian Federal Revenue Service (Receita Federal) is preparing a change that could transform how companies collect taxes in Brazil ยป Mandatory split payment, scheduled to start operating on an optional basis in 2027 and likely become mandatory in 2028.
In practice, when a company receives a payment via Pix, card, bank slip (boleto), TED, or other electronic means, the system could automatically separate the portion corresponding to CBS and IBS before the money reaches the seller.
A Simple Example:
โธSALE: R$ 100
โธTAXES: R$ 20
โธCOMPANY RECEIVES: R$ 80
โธGOVERNMENT RECEIVES: R$ 20
All happening within the payment flow itself.
๐ฅ But thereโs an important point for those following crypto:
this is NOT a tax on Pix and does NOT mean automatic withholding in any Bitcoin $BTC transaction or stablecoins like $USDC .
Split payment does not apply to personal transfers, movements between your own wallets, or sending between accounts. The rule targets commercial transactions subject to CBS and IBS. A company that accepts crypto as payment will continue to be taxed normally.
๐ The Challenge Will Be Enormous
The Revenue Service intends to integrate more than 200 financial institutions and payment providers, connecting banks, fintechs, acquirers, and tax systems.
For companies, the change can also directly affect working capital, since the tax amount will no longer remain temporarily in the cash register before collection.
๐ฅ The Big Change Is This:
The tax will no longer be paid later; it will be split out at the time of the sale.
๐ Will this reduce fraud and tax evasionโor make things even more complex for companies?
#receitafederal #PIX #brasil
The Brazilian Federal Revenue Service (Receita Federal) is preparing a change that could transform how companies collect taxes in Brazil ยป Mandatory split payment, scheduled to start operating on an optional basis in 2027 and likely become mandatory in 2028.
In practice, when a company receives a payment via Pix, card, bank slip (boleto), TED, or other electronic means, the system could automatically separate the portion corresponding to CBS and IBS before the money reaches the seller.
A Simple Example:
โธSALE: R$ 100
โธTAXES: R$ 20
โธCOMPANY RECEIVES: R$ 80
โธGOVERNMENT RECEIVES: R$ 20
All happening within the payment flow itself.
๐ฅ But thereโs an important point for those following crypto:
this is NOT a tax on Pix and does NOT mean automatic withholding in any Bitcoin $BTC transaction or stablecoins like $USDC .
Split payment does not apply to personal transfers, movements between your own wallets, or sending between accounts. The rule targets commercial transactions subject to CBS and IBS. A company that accepts crypto as payment will continue to be taxed normally.
๐ The Challenge Will Be Enormous
The Revenue Service intends to integrate more than 200 financial institutions and payment providers, connecting banks, fintechs, acquirers, and tax systems.
For companies, the change can also directly affect working capital, since the tax amount will no longer remain temporarily in the cash register before collection.
๐ฅ The Big Change Is This:
The tax will no longer be paid later; it will be split out at the time of the sale.
๐ Will this reduce fraud and tax evasionโor make things even more complex for companies?
#receitafederal #PIX #brasil