Tax Clipping | Stay Up to Date with the Highlights

The past week brought significant developments in the implementation agenda of the Tax Reform, as well as administrative and judicial decisions with a direct impact on the calculation of tax credits, tax charges, and sector-specific incentive policies.

In this edition, we have gathered the key points requiring strategic attention:

Tax Reform
– The Brazilian Federal Revenue Service updated the draft manuals and layouts for the Declaration of Specific Regimes (DeRE), reinforcing technical preparations for the CBS and IBS.

Tax Updates
– CARF recognized that warranty-related costs are essential to the activities of automobile manufacturers, allowing the recognition of PIS and Cofins tax credits.

– The Federal Senate approved temporary tax incentives for the chemical industry until the consolidation of the new tax model.

– The Supreme Federal Court (STF) established that municipalities may not apply monetary adjustments and interest rates exceeding the Selic rate to tax credits.

– The Brazilian Federal Revenue Service ruled out the calculation of supplementary tax credits in connection with the exclusion of ICMS from the PIS and Cofins tax base.

– The Brazilian Federal Revenue Service updated the list of tax benefits preserved from the linear reduction provided for in Supplementary Law No. 224/2025.

Access the full edition for more information.