Amid criticism from netizens over federal government taxes, Ministry of Finance I decided to create another tool to facilitate tax collection from banks. This Split paymentan automated payment system for tax reform – known as the “PIX of Taxs”.
After learning about the case, former President Jair Bolsonaro (PL) took to his social networks on Thursday, the 25th, to criticize the government's decision. According to him, this will affect the financial movements of the most modest people. He warned: “Calm down, there is more to come.”
This new system aims to collect taxes at the time of payment. In other words, the amount received will be immediately divided between the seller, the Federal Revenue Service, the State Administration Committee and the municipality.
The Extraordinary General Secretariat for Tax Reform, led by Bernard Abe, will lead the discussions. Members of the Brazilian Banking Federation (Febraban) and the National Services Federation will attend the meetings scheduled to discuss the topic.
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The Secretariat insists on maintaining the implementation schedule despite private sector demands to postpone it.
The “PIX of Taxes” is scheduled to be implemented in 2026.
The “PIX of Taxes” is scheduled for 2026, but banks and payment companies are asking for more time to develop the technology.
However, the Finance Ministry does not intend to extend the deadline. Ministry members believe that the financial sector will have the entire year of 2026 for adjustments.
This year, a test will be conducted at a 1% federal interest rate, offset by a reduction in PIS/Cofins. There is no estimate yet of the cost of implementation.
Vibraban also inquires about the cost of the collection service. Split payment The government sees it as crucial to tax reform by linking the financial system with the tax authorities. According to the executive, this will speed up the collection of the new CBS and IBS taxes.
Unlike other countries that adopt Split paymentThe Brazilian model will be applied to all invoice versions, regardless of the value or type of goods and services.
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The tax reform is betting that the “PIX of Taxes” will reduce tax evasion and late payment. The business sector praises the system, but fears its impact on companies’ working capital.
However, the Ministry of Finance sees this argument as baseless, and proposes alternatives such as bank vouchers with a 30-day grace period or credit card installments, with taxes imposed on each installment.
Legislative process and support from the banking sector
The original proposal sent to the House of Representatives by the Working Group on Reform Regulation was preserved. The subject was approved on July 10 by the Legislative Council.
The economic team only identified wording corrections, without any practical impact on the “income tax”. The government hopes that the Senate will maintain the text that will be discussed in the Constitution and Justice Committee under the report of Senator Eduardo Braga (MDB-AM).
Read also: “Tax in the Land of Taxes,” a report by Anderson Scardiwili, published in issue 227 of Revista Oeste
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