‘Everything is a priority’, says Haddad about measures to increase revenue assessed by the National Congress

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The Minister of Finance, Fernando Haddad, stated this Thursday (7) that all measures to increase revenue sent by the economic team to the National Congress are government priorities. In the budget for 2024, sent to the Legislature at the end of August, the economic area proposed that its accounts have a zero deficit – a result considered bold by financial market economists. To achieve this result, however, the economic team proposes measures to increase revenue by R$168 billion next year. Among the actions to boost revenues are the taxation of “offshores” abroad, exclusive funds and the resumption of the casting vote in Carf – all measures already approved by the Legislature. However, the budget proposal also includes measures not yet approved by the National Congress, such as: Taxation of international orders. Impact of the reduction in the federal tax calculation base (IRPJ and CSLL) of tax incentives granted by states via ICMS for funding, the so-called MP for subsidies. Changes in the deductibility of interest on equity, which consists of a way of distributing the profits of a publicly traded company (which has shares on the stock exchange) to its shareholders. Taxation of the electronic betting market on sports games. The rules are already in force, but will have to be analyzed by the National Congress to ensure they do not lose validity.

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