- Congress has removed rules that previously limited the compensation of contributions on gross revenues.
- The specific contributions affected are PIS (Program of Social Integration) and COFINS (Contribution for the Financing of Social Security).
- This change could impact how businesses calculate and manage their tax credits related to these contributions.
Source: research.ibfd.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
