Tax Clipping | Stay Up to Date with the Highlights

In this edition of the BVZ Tax Clipping, we have gathered updates on the implementation of the Tax Reform, tax debt settlements and recent decisions involving federal, state and municipal taxes.

Check out the highlights of this edition:

Tax Reform
– TCU approves the calculation of the reference rate of 11.3% for CBS in 2027, still subject to definition by the Senate.
– The Federal Revenue Service and CGIBS discuss extending the deadline for cooperatives to opt for the specific IBS and CBS regime until 30 November.
– The Government expects to submit a provisional measure to Congress establishing the Selective Tax rates.
– New measures simplify Tax Reform obligations for nano-entrepreneurs and individual micro-entrepreneurs (MEIs).

Tax Settlements
– PGFN extends the deadlines for joining tax settlement programmes, with some negotiations remaining open until January 2027.
– Court orders a reduction in the tax penalty from 150% to 100% for a debt included in an agreement with PGFN.

Tax Updates
– Confaz approves an increase in ICMS rates on petrol, diesel and cooking gas, effective from February 2027.
– STJ maintains the TJLP as the limit for deducting interest on equity from the IRPJ and CSLL tax bases.
– STF ruling on ITBI tax immunity in the payment of share capital may affect approximately 6,000 cases before state courts.
– In proceedings handled by BVZ, the Court suspends the requirement for proof of ICMS payments imposed on the customers and transporters of a company.
– STJ will examine the early termination of Perse and orders the nationwide suspension of proceedings on the matter.

Access the full edition for more information.