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9 results for “PIS/Cofins

Brazil Enacts R$5.2 Billion Tax Break to Attract AI and Cloud Data Centers
PRONASDAQSep 21

Brazil Enacts R$5.2 Billion Tax Break to Attract AI and Cloud Data Centers

New 'REDATA' law suspends federal taxes on imported IT equipment to spur digital infrastructure and reduce the 'Brazil cost.'

Brazil’s Landmark VAT Reform Enters Mandatory Test Phase, Demanding Immediate Operational Overhaul for Companies
PoliticsSep 16

Brazil’s Landmark VAT Reform Enters Mandatory Test Phase, Demanding Immediate Operational Overhaul for Companies

Foreign and domestic companies in Brazil face a critical compliance deadline as the country's dual VAT system (CBS and IBS) is now in a mandatory test period.

Lula Government Uses R$6.6 Billion Subsidy Package to Cut Fuel Price Ahead of Election
PoliticsSep 14

Lula Government Uses R$6.6 Billion Subsidy Package to Cut Fuel Price Ahead of Election

Brazil's government cut federal taxes on gasoline and boosted a diesel subsidy in a R$6.6 billion move to control fuel prices and inflation before the presidential election.

Brazil Government Claims Windfall Oil Revenue Secures Fiscal Space for Fuel Tax Cuts
PROPoliticsSep 10

Brazil Government Claims Windfall Oil Revenue Secures Fiscal Space for Fuel Tax Cuts

Lula’s administration cuts federal PIS/Cofins fuel taxes and boosts diesel subsidies, assuring investors the cost is offset by oil export revenues.

Lula’s R$7 Billion Fuel Tax Cut Stokes Fiscal Risk Ahead of Brazil Presidential Election
PROMarketsSep 09

Lula’s R$7 Billion Fuel Tax Cut Stokes Fiscal Risk Ahead of Brazil Presidential Election

Brazil's President Lula approved a massive fuel tax cut and subsidy program, costing R$7 billion monthly, which heightens fiscal risks.

Lula Ramps Up Fuel Subsidy Amid $100 Oil and Election Pressure, Raising Fiscal Alert
PROMarketsSep 09

Lula Ramps Up Fuel Subsidy Amid $100 Oil and Election Pressure, Raising Fiscal Alert

Brazil's President Lula signs decree cutting R$0.63/liter federal tax on gasoline weeks before election, sparking deficit fears.

Brazil Supreme Court to Rule on Corporate Tax Incentive Case With Billions at Stake
PROPoliticsSep 04

Brazil Supreme Court to Rule on Corporate Tax Incentive Case With Billions at Stake

The STF will decide if state ICMS tax incentives can be taxed by the federal government, impacting corporate Brazil.

Brazil’s STF Grants Insurers R$5.3 Billion Tax Relief on Technical Reserves
PROPoliticsSep 04

Brazil’s STF Grants Insurers R$5.3 Billion Tax Relief on Technical Reserves

The Supreme Federal Court ruled that PIS/Cofins contributions should not be levied on income from the mandatory financial reserves of insurers.

PROInvestingAug 22

Petrobras and Brazilian Navy Formalize Strategic Cooperation, Underscoring National Asset Role

Brazil’s state-controlled oil company Petrobras signed a protocol with the Navy to strengthen security and logistics on strategic national waterways.