Brazil's Federal Revenue Service is warning taxpayers of approaching February deadlines to join a special asset revaluation programme. The scheme allows individuals and companies to update property values acquired through December 2024.
Brazil’s Federal Revenue Service (RFB) issued an alert on 13 February 2026, reminding taxpayers of the approaching deadline to enrol in the Special Regime for Updating and Regularising Assets under the Update modality (Rearp Update).
The programme was established by Law No. 15,265/2025 and is regulated by RFB Normative Instruction No. 2,302/2025.
The measure allows individuals and legal entities to update the value of movable and immovable property, located in Brazil or abroad, provided that it was acquired with legally sourced funds up to 31 December 2024.
For individuals, the difference between the updated value and the acquisition value of assets will be subject to a final Individual Income Tax (IRPF) rate of 4%.
For legal entities, the difference between market value and acquisition cost will be subject to final taxation at 4.8% for Corporate Income Tax (IRPJ) and 3.2% for Social Contribution on Net Profit (CSLL).
To enrol in the Rearp Update programme, taxpayers must:
- Submit the Declaration of Option for the Special Asset Update Regime (Deap) by 19 February 2026.
- Pay the first instalment or full tax amount by 27 February 2026.
Failure to submit the declaration or make payment by these deadlines will render the option invalid.
The Deap is available through the Virtual Taxpayer Service Centre (e-CAC) at this provided portal, and detailed instructions are available in the Deap Manual on the Federal Revenue Service website.
