5 minutes to read
The Brazilian Federal Revenue Service monitors transactions via Pix above R$ 5,000 monthly through the e-Financeira system since January 2025. Understand how the monitoring works, who is affected, and why there is NO taxation on Pix.
What Changed in 2025?
On January 1, 2025, new rules from the Brazilian Federal Revenue Service came into effect, which update the provision of information by financial institutions.
Important: The Brazilian Federal Revenue Service has ALWAYS received data on Pix since 2020. What changed was the inclusion of fintechs and digital wallets.
Main Changes
| Item | Before | Now (2025) |
|---|---|---|
| Who reports | Traditional banks | Banks + Fintechs + Digital wallets |
| Limit for Individuals | R$ 2,000/month | R$ 5,000/month |
| Limit for Companies | R$ 6,000/month | R$ 15,000/month |
How Monitoring Works
e-Financeira: The Revenue Service’s System
The e-Financeira is an electronic system that is part of the SPED (Public System of Digital Bookkeeping) and has been receiving financial information since 2003.
What is sent:
- Monthly sum of transactions (not transaction by transaction)
- Opening and closing of accounts
- Credit operations
- Investments
- Private pension plans
Monitored Values
Individuals:
- Monthly transactions above R$ 5,000
- Sum of all operations (Pix + TED + DOC + card + withdrawals)
Companies:
- Monthly transactions above R$ 15,000
- All types of transactions
Practical Example
Case 1: Individual
Monthly transactions:
- Pix received: R$ 3,000
- Pix sent: R$ 1,500
- TED: R$ 800
- Total: R$ 5,300
Result: Financial institution reports the total amount of R$ 5,300 to the Revenue Service (does not detail each transaction)
Case 2: Below the Limit
Monthly transactions:
- Pix: R$ 2,000
- TED: R$ 1,000
- Total: R$ 3,000
Result: NOT reported to the Revenue Service (below R$ 5,000)
Myths and Truths
❌ FAKE: Pix will be taxed
FALSE. There is no tax on Pix. The federal government has not created a tax on transactions.
❌ FAKE: Revenue monitors each Pix
FALSE. The Revenue Service only receives the monthly total, not each individual transaction.
❌ FAKE: R$ 5,000 limit per Pix
FALSE. The limit is monthly (sum of all transactions), not per individual Pix.
✅ TRUE: Fintechs now report
TRUE. Fintechs, digital wallets, and electronic currencies have started reporting data.
✅ TRUE: Limit increased
TRUE. The limit increased from R$ 2,000 to R$ 5,000 (individuals) and from R$ 6,000 to R$ 15,000 (companies).
Who Should Be Concerned?
Situations to Watch
- 💰 Moves more than R$ 5,000/month but does not declare compatible income
- 🏪 Business owner who does not issue invoices
- 💼 Self-employed professional who does not declare all income
- 🏠 Rent received without declaration
- 💸 Undeclared sales (products, services)
Normal Situations (No Issues)
- ✅ Salary received via Pix (already declared by the company)
- ✅ Transfers between own accounts
- ✅ Bill payments and purchases
- ✅ Income declared in the Income Tax
Benefits of the New System
For the Honest Taxpayer
- ✅ Less chance of being unfairly caught in a tax audit
- ✅ Reduction of inconsistencies
- ✅ More efficient audit process
For the Brazilian Federal Revenue Service
- ✅ Focus on those who really need to be audited
- ✅ Identification of financial crimes
- ✅ Combat tax evasion
- ✅ More complete data (including fintechs)
Institutions Required to Report
Regulated by:
- 🏦 Central Bank (BC)
- 📈 Securities and Exchange Commission (CVM)
- 🛡️ Superintendence of Private Insurance (Susep)
- 💼 National Superintendence of Complementary Pensions (Previc)
Examples:
- Traditional banks
- Fintechs (Nubank, Inter, C6, etc.)
- Digital wallets (PicPay, Mercado Pago, etc.)
- Brokerage firms
- Insurance companies
How to Avoid Problems
Compliance Checklist
- ☐ Declare ALL income in the Income Tax
- ☐ Keep records of large transactions
- ☐ Issue invoices for sales
- ☐ Declare received rents
- ☐ Report sales of assets (car, property, etc.)
- ☐ Declare income from self-employment
- ☐ Keep documentation organized
Related Scams
⚠️ ATTENTION: Criminals are taking advantage of misinformation to commit scams!
Common scam:
- Fake SMS from the “Federal Revenue Service”
- Charge for “Pix tax”
- Link for “regularization”
How to protect yourself:
- ❌ The Federal Revenue Service does NOT send SMS for charges
- ❌ There is NO tax on Pix
- ❌ DO NOT click on suspicious links
- ✅ Consult only official channels (gov.br)
Frequently Asked Questions
1. Will I pay tax on Pix?
NO. There is no tax or fee on transactions via Pix.
2. Does the Revenue see each Pix I make?
NO. It only receives the total monthly amount, not each transaction.
3. Can I make Pix of any amount?
YES. There is no limit per transaction. The R$ 5,000 limit is for the monthly total reported.
4. Is transferring between my accounts a problem?
NO. Transfers between accounts of the same holder are normal.
5. What if I exceed R$ 5,000/month?
No problem if your declared income justifies the transactions.
6. When did it start?
January 1, 2025 (rule published on 09/18/2024).
Also read: Tax Audit 2025: How to Exit and Avoid Problems with the Federal Revenue Service
Also read: Cryptocurrencies and Income Tax 2025: How to Declare Bitcoin, USDT, and Other Assets
Also read: Tax Planning 2026: How to Legally Reduce Taxes
Related Articles
See also: Tax Audit 2025 | How to Declare Cryptocurrencies
Official Sources
- Federal Government – Official Clarification
- Normative Instruction RFB (09/18/2024)
- Government – Pix Does Not Create Taxes
- Central Bank – Pix
Last updated: October 22, 2025 | Information verified from official Federal Government sources
Do not fall for fake news! Pix remains free and secure. Declare your income correctly and stay worry-free.
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