Overview

• Arthur Lira will present his report to the Colégio de Líderes on Tuesday, September 23, to guide next steps on PL 1087/2025.
• The bill exempts monthly incomes up to R$5,000 from IR and grants a partial reduction up to R$7,350 under the relator’s substitute.
• Approved by a special committee on July 16 and processed under urgency since August 21, the text is now being prepared for plenary consideration.
• Lira’s version directs additional federal revenue to compensate states and municipalities and imposes a minimum effective IR on individuals earning above R$50,000 per month who pay below 10% today.
• The substitute excludes remittances of profits or dividends to foreign governments, sovereign wealth funds, and foreign pension administrators from the minimum taxation rule, and party leaders may still propose amendments on the floor.