The Federal Revenue Service of Brazil (RFB) published Normative Instruction RFB No. 2,278/2025, effective August 29, 2025, which significantly expands the scope of the e-Financeira reporting requirement, extending it to all payment institutions and participants in payment arrangements, such as fintechs and digital platforms.
The measure aims to strengthen efforts to combat money laundering, tax fraud, and financial crimes, as well as to enhance data-matching between financial movements and individual income-tax returns.
What Changes in Practice?
From now on, all financial transactions carried out through PIX, TED, DOC, credit cards, foreign-exchange operations, and other payment methods must be reported to the Federal Revenue whenever they exceed the following monthly thresholds:
- R$ 2,000.00 for individuals
- R$ 6,000.00 for legal entities
These amounts include:
- Bank deposits
- Transfers between accounts
- Receipts from sales or services
- Credits from digital platforms (YouTube, social networks, etc.)
Important: The e-Financeira report does not identify the origin or type of transaction but rather shows the total amounts credited and debited per account.
Risk of Assessment Due to Inconsistencies
The Federal Revenue will use this data to compare account activity with declared income. Significant discrepancies may result in notifications and a requirement to justify the source of funds.
Example: A self-employed professional declaring R$ 25,000 in annual income but moving R$ 150,000 through their account may be required to explain the difference.
Documents that may be used to justify values include:
- Proof of sale of assets
- Transfers between the taxpayer’s own accounts
- Foreign-exchange operations
- Donations or inheritances
- Exempt or non-taxable income
Legal Limits for Individuals
Under current law, deposits up to R$ 12,000 per transaction, within an annual limit of R$ 80,000, are not automatically treated as undeclared income (Law 9,430/1996, Art. 42, § 3, II).
Impacts on Companies
With the monthly threshold set at R$ 6,000, virtually all companies engaged in regular business activities will be affected. It is essential to maintain:
- Updated accounting and tax bookkeeping
- Reconciliation between revenues and account movements
- Documentation supporting the origin of funds
Sectors such as retail, e-commerce, and digital services should be particularly attentive given their high volume of PIX transactions.
Self-Employed and Liberal Professionals
Lawyers, doctors, engineers, accountants, and other professionals who receive payments via PIX must ensure that such amounts are:
- Properly recorded as taxable income; and
- Accurately reported in their Income-Tax Returns.
The expanded oversight also covers informal economic activity, even when transactions involve relatively small amounts.
Recommendations for Tax Compliance
To avoid assessments and penalties, it is advisable to:
- Keep organized records of income and expenses;
- Document the origin of deposits and transfers;
- Conduct regular reconciliations with accounting support;
- Correctly assess the tax treatment of each type of income.
Penalties for Inconsistencies
Failure to align financial movements with declared income may result in:
- Inclusion in the tax audit list (“malha fina”);
- Assessment of tax on unexplained amounts;
- Fines up to 150 % of the tax due (in cases of fraud or willful misconduct);
- Criminal referral for offenses against the tax order.
Conclusion
The new rule represents a landmark in Brazil’s digital tax-enforcement framework, broadening financial monitoring to encompass virtually all active participants in the national payment system.
We recommend that all clients — individuals, companies, and self-employed professionals — review their internal processes and consult their accountants to ensure full compliance with the new requirement.
Our firm remains available to clarify questions and assist in implementing the necessary adjustments for adherence to these rules.