Recently, a false news circulated on social media that the federal government and the Federal Revenue would tax financial transactions made via Pix. This left Brazilians very worried, and the terms "taxes" and "tributes" associated with the word "Pix" were the most searched according to Google Trends. After the confusion, The Federal Revenue denied and clarified that Pix will not be taxed
False information began to gain traction after the announcement by the Federal Revenue that payment institutions must, from now on, notify monthly transfers made above R$ 5 thousand for individuals and R$ 15 thousand for legal entities. According to the government, the main objective of expanding the financial transaction monitoring service is to ensure security and transparency in the processes, to prevent possible tax frauds. Furthermore, this protocol is not valid only for Pix, but also for any financial modality in which a transfer of these amounts is made.
– The new requirement from the Federal Revenue does not mean the taxation of Pix, but represents an advance in the security and transparency of financial transactions, what is essential to prevent fraud, increasingly frequent. It is important to highlight that any charges on transfers fall under the jurisdiction of the Central Bank, and not to the government, at this moment. Furthermore, the expected innovations, how the automatic Pix and by proximity works, reinforce the continuous evolution of this system, essential for both users and companies, says LAyon Lopes, CEO of Silva Lopes Advogados.
Furthermore, the federal government guaranteed that it will not be identified to whom the transfer was sent. According to the lawyer, with the evolution of digitalization, the government is increasingly concerned about keeping up with these changes, mainly with the significant number of Pix users. On December 24 of last year, Pix set a record and surpassed the mark of 224 million transactions made in a day
