It is in effect, since January 1st, a new standard ofFederal Revenuewhich determines a greatermonitoring of bank transactions. The biggest change is the monitoring of transaction data that reach accumulated values equal to or greater than5 thousand reais for individualsand15 thousand for legal entities.
A tax lawyer Mayra Saitta, of the Saitta Advocacia office, it emphasizes that the rule does not apply only to a single transaction that reaches this amount. "The standard refers to the amount accumulated over the month", made by Pix, credit card, bank transfers, among other means of payment.”
According to the expert, this requirement aims to increase transparency and control of financial transactions by the government, and it is mandatory
"The lack of accountability can result in fines and tax issues with the Revenue Service". That's why, this is the time for the taxpayer or company to review how they are handling payments or receipts, ensuring that everything is in compliance with the new rules, says Saitta
