Brazil's Federal Revenue Service (RFB) has opened the Declaration of Option for the Special Asset Update Regime (Deap), allowing individuals and legal entities to update asset values acquired with legally sourced funds up to 31 December 2024, with definitive taxation at fixed rates.
The Federal Revenue Service (RFB), has opened the Declaration of Option for the Special Asset Update Regime (Deap), allowing individuals and legal entities to update asset values acquired with legally sourced funds up to 31 December 2024, with definitive taxation at fixed rates.
Brazil’s tax authority, the Federal Revenue Service (RFB), announced on 2 January 2026 that it opened the Declaration of Option for the Special Asset Update Regime (Deap), which allows taxpayers to participate in the Special Asset Update and Regularisation Regime (Rearp Update) under Law No. 15,265/2025 and RFB Normative Instruction No. 2,302/2025.
The Rearp Update allows individuals and companies to adjust the value of movable and immovable assets, both in Brazil and abroad, acquired with legally obtained funds, up to 31 December 2024.
Individuals will pay a final 4% tax on the difference between the updated and acquisition values under the Individual Income Tax (IRPF).
For legal entities, the increase in value will be taxed at 4.8% under Corporate Income Tax (IRPJ) and 3.2% under the Social Contribution on Net Profit (CSLL).
Those who previously updated real estate assets through the Declaration of Option for Updating Real Estate Assets (Dabim) can transfer these assets to Rearp Update by selecting the migration option in Deap.
The declaration can be submitted until 19 February 2026 via the Virtual Taxpayer Service Centre (e-CAC) at https://cav.receita.fazenda.gov.br/autenticacao/login/index, using either the “Declare option for Rearp Update” or the “Declare option for migration of assets from Dabim to Rearp Update” service.
