CBS: changes for companies with the new form of taxation on consumption

The federal government sent the first part of the tax reform to Congress, proposing changes in consumer taxation. The proposed law creates the CBS, replacing PIS/Pasep and Cofins.

Fine mesh: what to do to settle it 

The taxpayer who had the report withheld, now needs to organize himself to settle the situation.

Concilia Rio Program – The Regulation of Tax Credits not Registered in Active Debt was amended 

The SMF Resolution 3,174/2020 regulates the resumption of the Concilia Rio Program, regarding tax credits of IPTU and TCL, ISS and ITBI, whether or not registered in Active Debt. 

Tax reform: Government files a proposal to create the Social Contribution on Operations with Goods and Services (CBS) 

Social Contribution on Operations with Goods and Services (Operações com Bens e Serviços - “CBS”), a value-added tax (IVA), replaces the Social Integration Program and the Public Servant Assets Formation (PIS/Pasep) and the Social Security Financing (Cofins). 

CAMEX – Import Tax

Amends to 0% the rates of the Import Tax on Information Technology and Telecommunication Goods.

The deadline to file the ECF for 2019 is extended

The Brazilian Federal Revenue announced the extension of the deadline to submit the Tax Accounting Bookkeeping (ECF) to September 30, 2020.

Labor rules proposed by MP 927 are no longer effective  

Companies should be attentive to the return of the rules that were changed by the MP.

Auxiliary Obligations


The registrations at Siscoserv are suspended

It is important to keep monitoring and organizing the documents related to the operations to be registered in Siscoserv.

MP 932 – Conversion into law with veto to reduce contribution rates to the S System

The reduction originally provided for in MP 932/2020 took effect from April to June/2020.
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