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Brazil Provides Better Terms for Tax Debt Settlement — Orbitax
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Brazil Provides Better Terms for Tax Debt Settlement

|Approved Changes|Brazil
Brazil

Brazil has published Law No. 14.375 of 21 June 2022, which amends past laws in relation to the settlement of tax debts. This includes:

  • An increase in the maximum discount on the amounts of fines, interest, and other charges from up to 50% of the total debt to up to 65%;
  • An increase in the allowed number of monthly installments from 84 to 120;
  • Rules allowing for the use of credits from corpora…

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