Government to Discuss New Taxation of Fintechs

Fintech Taxation is a topic that is gaining increasing relevance in the Brazilian economic scenario, especially after the rejection of Provisional Measure 1,303. The government finds itself faced with the urgent need to raise revenue in a context of a budget deficit of R$1,400,000 (R$21 billion).

In this article, we will explore the new proposals discussed by the economic team, including the increase in the Social Contribution on Net Income (CSLL) and the standardization of Income Tax on financial investments.

We will analyze the impacts of these measures, the challenges they pose, and possible alternatives to avoid drastic cuts or increases in consumption taxes, seeking a balance between political demands and budgetary needs.

Context of the Rejection of Provisional Measure 1,303

A rejection from the MP 1.303 represented a significant obstacle for the government, which was looking for a way to balance its accounts through a tax adjustment focused on digital financial system and fintechs.

The document provided for, among other measures, an increase in the CSLL rate from 9% to 15% and a unification of Income Tax on financial investments [Source](https://g1.globo.com/economia/noticia/2025/10/09/entenda-o-que-acontece-com-a-derrubada-da-mp-que-aumentava-impostos-pelo-congresso-nacional.ghtml).

The prospect of raising up to R$46 billion in the following two years [Source](https://www.infomoney.com.br/minhas-financas/mp-1-303-cai-no-congresso-veja-como-fica-a-tributacao-dos-investimentos-agora/) was abruptly frustrated, generating a budget deficit that puts pressure on the economic team to explore other fronts.

That rejection It also avoided heavier tax burdens on fintechs, preserving a still competitive environment for these emerging companies [Source](https://g1.globo.com/politica/noticia/2025/10/08/derrubada-de-mp-evita-alta-nas-taxacoes-de-aplicacoes-financeiras-de-fintechs.ghtml).

However, the decision also sparked discussion about the need to modernize the tax regime to keep up with new economic dynamics, including the growing relevance of cryptocurrencies [Source](https://br.cointelegraph.com/news/lula-promises-fintech-cryptocurrencies-taxes).

This political-economic scenario challenges the government to seek a balance between the search for new revenue and the promotion of a balanced, innovative and fair fiscal environment.

Debate on the New Taxation of the Digital Financial System

With the recent debate on new taxation of the digital financial system, the government is preparing to discuss measures aimed at adjusting revenue collection in this growing and dynamic sector.

Among the proposals on the agenda, the increase in the Social Contribution on Net Profit (CSLL) from 9% to 15% stands out, in addition to the standardization of Income Tax on financial investments, seeking greater equity in taxation.

These changes are necessary to address the projected budget shortfall of R$1.4 billion, while trying to balance economic and social demands.

Main Categories Affected

Fintechs It is payment services face increasing challenges with the proposed new taxation rules.

These companies will be forced to review their strategies due to the possible increase in CSLL and standardization of Income Tax on financial investments.

With rising tax rates, there will be significant pressure on profit margins, making a careful review of operating costs vital to ensure sustainability in the market.

According to the G1, this may include restructuring the services offered by fintechs to maintain their competitive edge.

Furthermore, traditional financial institutions, already taxed under 9%, will have to adapt to the new tax requirements.

According to the UOL Economy, different segments, such as digital banks, will need to be creative to mitigate the impact of new costs.

This can range from revisions to your pricing structure to even innovation in commercial strategies that preserve revenue and, at the same time, ensure compliance with current tax regulations.

The ability to adapt quickly to these tax changes will determine the future of many of these companies in the dynamic digital financial market.

Budget Shortfall of R$21 Billion and Revenue Strategies

The government faces the challenge of budget deficit of R$ 21 billion, looking for ways to increase revenue without raising consumption taxes.

After the rejection of MP 1,303, which aimed to increase CSLL for the financial sector, new strategies are being studied.

Among the alternatives considered is the taxation of digital services and fintechs, as reported by Look.

Furthermore, the economic team is considering standardizing Income Tax on financial investments, aiming to combat resource scarcity without burdening consumption, directly impacting sectors with greater taxing capacity.

This approach seeks to balance relevant budgetary needs and the political imperative of not penalizing the consumer.

Below, we present possible sources of revenue:

This effort is essential to mitigate the economic impact of the deficit, while avoiding unpopular measures.

The next steps involve a robust debate between the government and various sectors, seeking a consensus that will allow for an effective and sustainable fiscal policy.

In summary, the taxation of fintechs and the government's new proposals are essential to address the budget deficit.

The search for solutions that balance revenue collection and economic growth will be crucial for the country's financial future.