Tax Clipping | Stay Up to Date with the Highlights

In this edition of the BVZ Tax Newsletter, we have gathered relevant updates on Tax Reform, new tax settlement rules, and recent decisions involving tax penalties, PIS/Cofins, ICMS, IRPJ and CSLL.

Check out the highlights of this edition:

Tax Reform
– The Brazilian Federal Revenue Service, CGIBS and Encat have updated the NCM table for NF-e, with a new code effective as of October 2026.
– The Brazilian Federal Revenue Service and Encat have updated the CFOP table for NF-e and added the “Title” and “Description” columns.
– A lawsuit before the Brazilian Supreme Federal Court (STF) challenges the rules established by Complementary Law No. 227/2026 concerning IBS oversight and the delegation of powers among tax administrations.

Tax Settlement
– The Brazilian Federal Revenue Service and PGFN have published a public notice for the settlement of IRRF liabilities owed by non-resident investors, offering discounts and the possibility of using tax loss and negative CSLL basis credits.
– The Brazilian Superior Court of Justice (STJ) has ruled that a taxpayer who withdraws a judicial action to join a tax settlement must pay attorneys’ fees only once.

Tax Updates
– A new law amends the National Tax Code (CTN), limits tax penalties and expands mechanisms for consensual dispute resolution.
– CARF has cancelled a customs penalty based on changes introduced by Tax Reform legislation.
– The STJ is considering whether PIS/Cofins credits may be claimed on inputs acquired at a zero tax rate.
– The STJ has ruled that a collective writ of mandamus cannot be used to exclude ICMS tax benefits from the IRPJ and CSLL tax bases without an individual assessment of the applicable legal requirements.

Access the full edition for further information.