Gabriel Caldiron Rezende and Thiago Nunes Faulin of Machado Associados discuss the consequences of the ruling that denies PIS and COFINS credits related to products subject to the one-time charge system.
On April 27 2022, the Brazilian Superior Court of Justice (STJ) ruled in Special Appeal 1.894.741 against the booking of PIS and COFINS credits on the acquisition of goods for resale subject to the one-time charge system (incidência monofásica). The case was judged under the repetitive appeals system, and its conclusions bind the lower courts.
Source International Tax Review
Latest Posts in "Brazil"
- Webinar Fiscal Solutions: Brazil Enters New Era: SW Fiscalization Takes Over Brazil (Nov 27)
- Brazil Proposes 7% Digital Tax on Advertising and Data Sales Effective August 2025
- Brazil’s Dual VAT Reform: OECD Analysis, Implementation Challenges, and Global Comparisons
- OECD Reviews Progress and Challenges in Brazil’s 2023 Consumption Tax Reform and VAT Implementation
- Brazil Updates EFD Guide for ICMS and IPI Taxes, Effective January 2026
