The debate on new taxation rules for financial investments, betting companies, and virtual assets will be one of the topics of the meeting of the joint committee that is analyzing Provisional Measure (MP) 1,303/2025. The Committee meeting will take place next Wednesday (06). Treasury Minister Fernando Haddad will also be present.
He will participate in the first part of the meeting, followed by a discussion of the work plan and requests. Published in June, the Provisional Measure unifies the Withholding Income Tax (IRRF) rate on financial income at 17.5%.
In this way, it aims to replace the regressive tax rate currently in effect for fixed-income investments. Among the changes suggested by the ministry headed by Haddad is an increase in taxation on the betting sector from 12% to 18%.
The text also provides for the taxation of currently exempt funds, such as LCI, LCA, real estate investment trusts (FII), and Fiagros, which will now pay 5%. The proposal also includes specific rules for the taxation of virtual assets, stock market transactions, asset lending, and foreign investors.
The Congressional Joint Committee is chaired by Senator Renan Calheiros (MDB-AL), and its rapporteur is Representative Carlos Zarattini (PT-SP). During the committee’s installation, four public hearings were scheduled for August, the first with the Ministry of Treasury.
In addition to welcoming Haddad, the commission will analyze other topics, such as the taxation of sportsbooks.
The remaining meetings should address topics such as the taxation of currently exempt assets, the increase in the Social Contribution on Net Income (CSLL) and changes to the fishermen’s closed season insurance.
Other points of the measure include the increase in CSLL for fintechs and stock exchanges, the prohibition of tax compensations considered undue, the expansion of taxation on fixed-odds bets (bookmakers) and adjustments to social security and administrative rules.
The transformation of paid positions into commissioned positions within the Ministry of Treasury is also planned.
Provisional Measure No. 1303
The measure establishes new rules for the taxation of financial investments and virtual assets in Brazil. It defines how investment income, including stocks, investment funds, derivatives, and crypto assets, will be taxed.
The measure also specifies income tax rates for different types of investors, such as individuals, legal entities, and foreign investors.
