This text aims to clarify how you will be audited by the Income Tax (IR) in 2025, based on the regulations of the Federal Revenue Service, without omitting legal references. It is important to understand that the audit is not limited to transactions above R$5,000.00, as has been reported.

What has changed and how it works in practice:

The Federal Revenue Service will monitor all your financial transactions. The information that only transactions over R$5,000.00 via PIX or card would be monitored is incorrect.

The amount of R$5,000.00 refers to the total monthly total of all your financial transactions. This means that, regardless of the individual value of each transaction, they will all be added together. For example, ten transactions of R$500.00 total R$5,000.00 and will be reported to the IRS. Even if you make transfers between your own accounts, these amounts will be considered.


Art. 15: This article defines that financial institutions must inform the Federal Revenue Service of financial transactions when the total amount moved or the balance in each month is greater than:

R$5,000.00 for individuals (item I);
R$15,000.00 for legal entities (item II).


§ 1 of Art. 15: The limits apply to the sum of all financial transactions of the same type in the same institution.

Crucial Point: Continuous Monitoring:

Even if you don't reach the total sum of R$5,000.00 every month, if you reach this amount in just one month, your transactions for all months of the year will be monitored. In addition, if your balance in any month is greater than R$5,000.00, even if it took months to accumulate this amount, your information will also be reported.


§ 2 of Art. 15: If the limits are exceeded, institutions must report all annual balances and the overall amounts moved monthly, even if the monthly sum is less than the limits.
§ 3 of Art. 15: The provision of information will cover all months from the month in which the limit was reached.

Credit, Debit and PIX Cards:

The overall monthly sum also applies to credit, debit and PIX cards. The most important information is that, even if you do not reach the limit of R$5,000.00 in any month of the year, the bank will still be required to forward all your transactions to the Federal Revenue Service at the end of the year.


Art. 23: This article details the information that institutions must present, including the identification of users (CPF or CNPJ), the overall amounts of transfers and the commissions retained.
Art. 24: Defines what is considered the overall monthly amount moved for the purposes of Art. 23.

In short: You will be monitored anyway, regardless of the amount you spend monthly.

The Context:

This intensification of oversight occurs in a context of difficulties for the government to balance public accounts without increasing taxes or reducing spending. The strategy adopted was to increase control over citizens' financial transactions, seeking to increase revenue through oversight and the possible taxation of amounts that previously went unnoticed.

Conclusion:

It is essential to be aware of your financial transactions and seek professional guidance to avoid problems with the IRS. Understanding the regulations and monitoring your finances are essential to staying in compliance with the law.


Federal Revenue Tightens the Noose on Pix Transactions on Exchanges

Get ready: the Federal Revenue Service is stepping up its oversight of financial transactions, with a special focus on Pix and cryptocurrencies. Starting in 2025, the IRS will begin monitoring all Pix transactions carried out on cryptocurrency exchanges, expanding the control it already has over traditional banks. The goal? To combat tax evasion and bring Brazil into line with international standards for combating tax evasion.

What changes in practice?

Previously, the IRS was already keeping an eye on Pix payments made by traditional banks. Now, the inspection extends to payment institutions – such as digital banks and virtual wallets – used by most exchanges, such as Binance, Bitget and Mercado Bitcoin. This means that no Pix transaction on cryptocurrency exchanges will go unnoticed.

The new monitoring system:

To collect this information, the IRS will use the e-Financeira system, which will receive data on transactions over R$5,000 for individuals and R$15,000 for companies every six months. The system will cover Pix and other transactions, providing a complete overview of taxpayers' financial activities.

Cryptocurrencies abroad are also in the spotlight:

Inspections are not limited to the national territory. The IRS already has information on cryptocurrency transactions made by Brazilians abroad and will begin to collect taxes on these assets from 2026, thanks to the automatic exchange of information with other countries. In other words, investments in cryptocurrencies abroad will also need to be declared.

Why are these changes important?

The Federal Revenue Service seeks to combat tax evasion and ensure tax justice. With the increasing popularity of Pix and cryptocurrencies, it was essential to improve inspection mechanisms to monitor new forms of transactions. In addition, the measure aligns Brazil with international standards, such as the CRS (Common Reporting Standard), strengthening the fight against tax evasion at a global level.

In summary:

  • Expanded Pix monitoring: All Pix transactions on cryptocurrency exchanges will be monitored.

  • e-Financeira System: Biannual collection of transaction data over R$5,000 (individuals) and R$15,000 (corporate companies).

  • International supervision:Tax collection on cryptocurrencies abroad from 2026.

  • Main objective: Combat tax evasion and avoidance.