Feb 20 β€’ 07:00 UTC πŸ‡§πŸ‡· Brazil Folha (PT)

Companies have until February 27 to submit income tax revenue statements

Brazilian companies must provide income tax revenue statements to workers by February 27.

In Brazil, companies and public organizations are required to deliver income tax revenue statements to workers, public servants, retirees, and pensioners by February 27. This report is essential for individuals, including active workers and those receiving pensions, to accurately fill out their income tax declaration for the year 2026. Employers failing to provide this documentation may incur a fine of R$ 41.43 per statement not issued.

The timeline for filing the income tax declarations will run from March to May, with specific dates yet to be announced by the Federal Revenue Service of Brazil. Taxpayers will have multiple options for submitting their declarations, including using the PGD (Declaration Generator Program) on a computer, through a mobile app, or virtually via the e-CAC (Virtual Service Center). This flexibility aims to facilitate the process for taxpayers.

Experts advise that if individuals do not receive their income statements from their employers, they should reach out to their payroll department for assistance. This proactive approach is crucial for ensuring that they have the necessary documents to comply with their tax obligations and avoid any potential penalties associated with filing discrepancies.

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