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    Millions of Brazilians to Receive Income Tax Refunds

    Millions of Brazilians to Receive Income Tax Refunds. Brazil's Federal Revenue Service has released the first batch of income tax refunds for 2025, totaling over 11 billion reais. This significant payout will benefit approximately 6.257 million taxpayers, with priority given to elderly individuals, those with disabilities, and those who utilized the pre-filled tax return and chose Pix payments. "This is the largest batch of refunds in history, both in terms of the number of contributors and the total amount," stated a spokesperson for the Receita Federal. The refunds will be disbursed on May 30th, the same day the deadline for filing tax returns concludes. This timely release offers financial relief to many Brazilians and highlights the efficiency of the tax system.

    2 months ago
    BR
    Brasília, Brazil
    news summary
    refund
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