The Senate plenary approved, this Tuesday (30), Provisional Measure that increases the rate of Social Contribution on Net Income (CSLL) applied to the financial sector in the country. Earlier, the matter had been approved by federal deputies. Now it’s on to enactment.
According to the text, from August 1 to December 31, 2022, the CSLL rate will increase from 20% to 21% in the case of banks of any kind, and from 15% to 16% in the case of private insurance companies, capitalization and those listed below:
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– securities dealers;
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– exchange and securities brokers;
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– credit, financing and investment companies;
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– real estate credit companies;
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– credit card administrators;
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– leasing companies;
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– credit unions;
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– savings and loan associations.
The Provisional Measure had been edited by the President of the Republic, Jair Bolsonaro (PL), on April 28, 2022. When edited, an MP has the force of law, but it needs to be approved by the House and Senate so that it does not lose its validity. In this case, the deadline was September 7 of this year.
This week, the Chamber and Senate are promoting the so-called “concentrated effort” of voting on Provisional Measures that expire until September in an attempt to not disturb parliamentarians in the midst of the election campaign. None of the plenary sessions held have mandatory physical presence.
The government’s expectation is that the initiative with the increase in the CSLL rate will generate an increase of R$ 244,110,000 in revenue collection for the year 2022. The Minister of Economy, Paulo Guedes, defended that the measure is necessary to the “maintenance of the Union’s budgetary-financial balance”.
The rapporteur of the matter in the Chamber, federal deputy Captain Alberto Neto (PL-AM), stated that he was against the increase in tributes and taxes, but that, “in special situations, exceptional measures are also necessary, as is the moment we are going through in the Brazil, which requires an increase in revenue to finance important public policies”.
“In this context, financial institutions are in a position to give a slightly larger share of contribution for a short period of time, since the proposed measure will only take effect for five months, between August 1, 2022 and the end of the year. ”, he wrote in the opinion.
Source: CNN Brasil
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