BRIEF ANALYSIS ON SC COSIT Nº 2/2024

brief analysis on exchange rate variation in assset disposals by natural person

Authors

  • Guilherme Martelli Moreira Pontifícia Universidade Católica do Paraná (PUCPR) e Centro Universitáriod e Pato Branco (UNIDEP)

Abstract

The article analyzes and provides brief comments on Consultation Solution COSIT No. 2/2024 issued by the Brazilian Federal Revenue Service, which deals with the taxation of exchange rate variations in commercial transactions involving foreign currency in the Individual Income Tax (IRPF). To understand the conclusion of the Federal Revenue Service, it is essential to address the concept of price, defined as the amount for which the buyer agrees to pay the seller, which may be determined or determinable according to the brazilian Civil Code. The interpretation of the Federal Revenue Service considered that the increase resulting from the exchange rate variation of installments received in the deferred sale of corporate participation does not constitute part of the alienation value in the calculation of capital gains, and should be individually taxed as capital income, akin to interest. However, this approach may be challenged in light of civil law, which establishes clear parameters for the determination and execution of price in commercial transactions. The hypothetical-deductive method is employed based on a review of the literature and legislation related to tax and civil norms.

Author Biography

Guilherme Martelli Moreira, Pontifícia Universidade Católica do Paraná (PUCPR) e Centro Universitáriod e Pato Branco (UNIDEP)

Doutorando e Mestre em Direito Econômico e Desenvolvimento pela Pontifícia Universidade Católica do Paraná (PUCPR). Membro do Grupo de Pesquisas Tributação, Complexidade e Desenvolvimento (PPGD/PUCPR/CNPq). Pós-graduado em Direito Tributário Empresarial e Processual Tributário na Pontifícia Universidade Católica do Paraná (PUCPR). Bacharelado em Direito pela Universidade Federal do Paraná (UFPR). Professor do Centro Universitário de Pato Branco (UNIDEP) e advogado. Currículo Lattes: http://lattes.cnpq.br/1820888758307120. Endereço eletrônico: gmartelli.moreira@gmail.com

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Published

2024-06-19

How to Cite

Martelli Moreira, G. (2024). BRIEF ANALYSIS ON SC COSIT Nº 2/2024: brief analysis on exchange rate variation in assset disposals by natural person. Revista De Direito Contemporâneo UNIDEP, 3(1). Retrieved from https://periodicosunidep.emnuvens.com.br/rdc-u/article/view/271

Issue

Vol. 3 No. 1 (2024): Revista de Direito Contemporâneo UNIDEP

Section

Artigos

License

Copyright (c) 2024 Revista de Direito Contemporâneo UNIDEP

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