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Senate Committee approves exempting Income Tax on PLR of employees

Hayden Walsh by Hayden Walsh
April 29, 2022
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Senate Committee approves exempting Income Tax on PLR of employees
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The Senate Economic Affairs Committee unanimously approved this week a bill to exempt company employees from income tax.

Currently, any amount received as a bonus or profit sharing must be informed, in a specific form of the Income Tax return.

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The author of the project, Senator Álvaro Dias, explains that the idea is to apply to PLR the same tax regime as profits or dividends distributed to partners or shareholders, which are not taxed by the Income Tax. For Dias, this difference in treatment is unfair.

The proposal’s rapporteur, Senator Irajá (PSD-TO), was also in favor of the text. “With the tax exemption, workers will be able to receive more net resources as PLR, which will make the regime more interesting to the worker and help to move the national economy”, he said.

Senators can present an appeal for the text to be voted on in the plenary of the House until next Thursday (5). If this does not happen, the matter goes on to be analyzed by the Chamber of Deputies.

*With Senate Agency

Tags: approvesCommitteeEmployeesexemptingIncomePLRSenateTax
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Hayden Walsh

Hayden Walsh

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