MP that creates a single 17.5% to invest can be voted on this 3rd; See proposal

Provisional Measure (MP) 1.303/25, which amends the rules of taxation on financial investments, can finally be voted on Tuesday (7) in the Joint Commission of Congress, a day to lose the validity-or “expire”.

The proposal is part of the government’s fiscal package and was expected to review the exemptions of going on titles such as LCI, LCA and encouraged debentures, which ended up not thriving. Thus, the main change should be the creation of a single rate of 17.5% for most applications.

Here’s what changes in each type of investment and when you can start to be worth:

Single rate of 17.5%

CDBS, Treasury Direct and Debentures currently follows the regressive income tax table, ranging from 22.5% for applications of up to 180 days to 15% for deadlines over two years.

The opinion maintains the government’s proposal to replace the regressive model with a single rate of 17.5%, valid from 2026.

Investment Funds

Fixed and multimarked income funds also have a rate of 17.5%, with the maintenance of the Come-Kotes mechanism, which anticipates tax payment twice a year.

ACTION ACTIONS AND FUNDS

Early profits are now taxed at 15% (common operations) and 20% (Day Trade), with exemption for sales of up to $ 20,000 per month.

The rapporteur proposed a single rate of 17.5% for any operation, with exemption for quarterly sales of up to $ 60,000. In addition, it foresees the increase of IR retained on interest on equity (JCP), from 15% to 20%.

Cryptocurrencies and Virtual Assets

Currently, sales of up to R $ 35,000 per month in cryptocurrency operations are exempt from IR.

The opinion foresees a 17.5% charge on all gains from 2026 and creates a special regularization regime for non -declared assets until December 2025, with a reduced rate of 7.5%.

Real Estate Funds (FIIs) and Fiagros

Dividends paid by FIIs and strokes today are exempt as long as they meet some requirements. IR I pay on capital gain is 20%.

The text reduces IR for sale of quota to the single rate of 17.5%, and leaves the proposal of taxation of 5% of the dividends proposed by the government, maintaining the current exemption, as long as the fund has at least 100 shareholders. However, the rules for the distribution of earnings, and changes the cash regime of the background.

Infrastructure Funds

Infrastructure Funds (Fi-Infra) continue with full exemption from IR in both dividends and capital gains, without change in relation to the current rule.

Fidcs

Credit Rights Investment Funds (FIDCs) are taxed by the single rate of 17.5% from 2026. In addition, the 0.38% IOF collection is valid on the subscription of primary quotas.

Encouraged debentures, CRI, CRA, LCI and LCA

The main change in relation to the original government text is exempt assets. The government proposed the end of this category, creating a reduced rate compared to other applications of 5%. However, the rapporteur of the proposal has abandoned the measure, and has already admitted that he will maintain the exemption of CRIS, CRAS and Encouraged Debentures, as well as LCI, LCA and LIG.

When does it start to be worth?

If approved, the MP will still need to go through the plenary of the House of Representatives and the Senate, before heading to presidential sanction. The original text was presented by the government in June, and the opinion of the rapporteur, Deputy Carlos Zarattini (PT-SP), proposed adjustments to enable approval.

Under the rules of processing, an MP is valid for 120 days and, if not voted on time, loses effect automatically. If the text is approved and sanctioned, the new rates are valid from 2026.