The funds require proof of transactions through PIX

September 19, 2022 | 12:00 p.m

The funds require proof of transactions through PIX

Marcello Casal Jr/Agência Brasil
PIX turned very talked-about in 2020 amongst Brazilians

The settlement revealed in April ought to change the way in which Brazilians take care of Pix. In it, the Federal Revenue asks the banks and establishments, along with inform the transactions made with playing cards, debit and credit score, and details about the transactions through PIX and return to January 2022. ICMS approval nº 50 was issued on April seventh.

The doc “corrects the ICMS Agreement nº 134/16, which gives data supplied by monetary and fee establishments, whether or not they’re half of the Brazilian Payment System or not, for transactions and credit score , credit score, retailer, switch of sources, digital switch. of the Instant Payment System and different digital fee instruments, are made by authorized entities registered within the National Register of Legal Entities – CNPJ or individuals registered within the Individual Taxpayer Register – CPF, even when not registered within the tax register of ICMS”.

Accountant Geraldo Eugenio de Oliveira, from Coronel Fabriciano, explains that to any extent further the taxpayer should test if the factors within the ICMS Agreement nº 50 are being adopted by the businesses providing this kind of monetary transaction . Among them, the wage tag, should embrace helpful information equivalent to CNPJ or CPF, identification quantity, date and time of the job and the worth of the Job. Companies should difficulty invoices associated to this receipt, because it goes through the corporate’s money register. In addition, they should be acquainted with Pix’s trademark necessities.


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Accountant Geraldo Eugenio de Oliveira explains about the changeAccountant Geraldo Eugenio de Oliveira explains in regards to the change

When requested about how the change will have an effect on the lives of customers, Ladico, referred to as the accountant, is alert. “Taxpayers ought to concentrate when submitting their revenue tax, as a result of transactions from PIX weren’t checked earlier than. What will lead him to fall into the loop, to or questions on transactions that aren’t disclosed. Remembering that the Federal Revenue has the knowledge collected by monetary brokers and transactions above R $ 2 thousand for people and R $ 5 thousand for authorized entities”, he identified.

The accountant stated that the businesses ought to know and publish the details about these receipts, as a result of the knowledge will return to January 2022. Until then, Pix’s data has been ignored” , he stated.


For the change that the Treasury requires proof of all transactions through Pix, Ladico means that corporations preserve observe of their actions, and make requests to managers. And preserve your monetary information, and Accounts Payable, to keep away from fines and different penalties, which may hurt the event of the corporate.

“For the final taxpayer, he additionally must know all his monetary information. I counsel the taxpayer to avoid wasting and present their actions in his assertion and preserve the receipts for at the very least six years. Although it’s a easy type of fee, it could actually generate confusion and confusion, as within the case of the DIRF, for instance”, he concluded.


Pix, a quick fee system, turned totally operational on November 16, 2020. The technique was rapidly adopted by the Brazilian inhabitants. It reached its first billion transactions in a single month in September final 12 months. After six months, the quantity of transactions elevated by 60%. This is after a drop in quantity and quantity of this kind of transaction between January and February this 12 months.

Despite the expansion, data from the Brazilian Federation of Banks (Febraban) signifies that there’s nonetheless room for additional development. There is a big quantity of transactions between people, however the depth of transactions between people and firms just isn’t the identical, because of the use of bank cards.

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