Candido Martins Advogados

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Tax changes make it easier to choose a private pension plan

30.01.2024

The new law 14.803/2024, which came into force on January 10, allows participants in supplementary pension plans to choose the tax regime when they receive the benefit or when they first redeem the accumulated amounts.

The change should benefit investors, who will be able to decide in the future, when they are clearer about which tax regime best suits their needs.

In an article on the @Uol portal, our lawyer @Ednaldo Rodrigues explained the advantages of the progressive and regressive regimes and the possible impacts for taxpayers when it comes to paying taxes. “The progressive regime takes into account the total money invested, it makes more sense to choose this model when the balance is lower. In this case, if you chose the regressive system, the income tax paid could be much higher without needing to be: in the regressive system, the tax charged for those with up to two years of contributions is 35%.”

Read more: https://lnkd.in/ddzRKgue

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