In an interview with Valor Econômico, our partner Ana Cláudia Utumi commented on the impacts of the new provisional measure (MP) that changes taxation in the financial market.
Ana was surprised by the inclusion of infrastructure bonds in the 5% personal income tax (IRPF) bracket. According to her, this is a sector that should receive greater incentives from the government.
Among the positive aspects, Ana highlights the expansion of possibilities for deducting hedges abroad, which are currently very limited. This change, she notes, may benefit exporters who trade commodities such as corn and soybeans.
Regarding Interest on Equity (JCP), the tax lawyer points to the increase in the income tax rate on interest distributed to shareholders, from 15% to 20%, reigniting a recurring debate among governments.
Read the interview: https://valor.globo.com/brasil/noticia/2025/06/12/mp-uniformiza-tributao-no-mercado-financeiro-mas-via-elevao-de-carga-dizem-tributaristas.ghtml