The call “quotas tax” will be automatically charged this Tuesday (31) from investors who have investments in open investment funds with reference to the variation in the period between December 2021 and May this year.
Taxation does not require the generation of a slip, and is different from most taxes on financial products because it is not charged at the time of redemption of the invested amount. In this case, the billing is semiannual, on the last business day of the months of May and November.
The amount of the tax come-quotas depends on the income that was accrued in the reference period. If the fund has lost, there is no charge.
In case of appreciation, the tax is 15% on profit in the period for long-term funds and 20% for short-term funds.
In addition, the tax is only valid for fixed income, future interest (DIs), multimarket and foreign exchange funds, which allow withdrawals at any time, and that is why they are called open.
In the first charge of the come-quotas, the IRS considers the appreciation since the purchase of the fund’s shares. From the second charge, the calculation is based on the difference of the last six months.
Should I put the quota eater on the income tax return?
In the case of individuals, the investor can inform the discount of come-quotas in the declaration of Income tax but it will not be deducted for refund purposes, for example.
For legal entities, the fee can be part of the Income Tax return so that the collections are compensated for being part of the tax calculation basis.
*With information from Wesley Santana
Source: CNN Brasil
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