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Federal Revenue receives more than 23 million statements

IRPF 2017

Deadline for sending the document began on March 2 and ends this Friday (28)

One day before the deadline for sending the Income Tax return, almost 5 million taxpayers have not yet been accountable to the Treasury. Until 17h this Thursday (27), the IRS had already received  23,463,958  of statements. The agency expects to receive 28.3 million statements this year.

The fine for the taxpayer who does not make the declaration or deliver it after the deadline will be at least R $ 165.74. The maximum amount corresponds to 20% of the tax due.

The income tax return is mandatory for those who received taxable income in excess of R $ 28,559.70 last year or for those who received income exempt, not taxable or exclusively taxed at source, whose sum was over R $ 40 thousand.

It must also declare the taxpayer who obtained, in any month of last year, capital gain on the sale of assets or rights subject to the tax incidence or carried out operations on stock, commodities and futures exchanges. The IRS warns that taxpayers who miss the deadline will be subject to a minimum fine of R $ 165.74 and a maximum of 20% of the tax due.

When it comes to rural activity, it is required to declare the taxpayer with gross income exceeding R $ 142,798.50; Or that intends to compensate losses of calendar year 2016 or later; Or had, as of December 31 of last year, possession or ownership of assets or rights, including land


The IRS will pay the IRPF restitution in seven lots, between June and December of this year. The first lot will be paid on June 16, the second on July 17, and the third on August 15. The fourth, fifth and sixth lots will be paid, respectively, on September 15, October 16 and November 16. The seventh and last batch is expected to be paid in December.

In making the declaration, the taxpayer must indicate the agency and bank account in which he wishes to receive the refund. Elderly, people with physical, mental disabilities or serious illness have priority to receive the refund.

Source: Portal Brasil, with information from the  Federal Revenue Service