Tax Clipping | Stay Up to Date with the Highlights

The latest edition of the BVZ Tax Newsletter brings together the main updates on the implementation of the Tax Reform, STF decisions impacting the application of tax benefits, and recent positions adopted by the PGFN, the Federal Revenue Service and the STJ on matters of significant interest to taxpayers.

Check out the highlights of this edition:

Tax Reform
– The IBS Management Committee proposes allocating 50% of the estimated revenue from the tax to finance its activities in 2027.
– The Federal Revenue Service and the IBS Management Committee publish the implementation schedule for electronic tax documents under the Tax Reform.
– The STF recognizes the right of individuals with Level 1 ASD to the zero rate of IBS and CBS on the purchase of vehicles, provided that the legal requirements are met.

Tax Updates
– The STJ will rule, under the repetitive appeals procedure, on the refund of PIS/Cofins for cigarette retailers.
– The PGFN instructs its attorneys not to appeal cases involving the late deduction of Interest on Equity (JCP).
– The Federal Revenue Service provides guidance on the procedures for recording, reporting and collecting Withholding Income Tax (IRRF) on profits and dividends distributed to individuals.

Access the full edition for more information.