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Brazil Publishes Law for Conversion of Provisional Measure for Reduced Payroll Contributions

|Approved Changes|Brazil
Brazil

Brazil has published Law 14.025 of 14 July 2020 for the conversion of Provisional Measure 932 of 31 March 2020, which provided a temporary rate reduction for certain payroll contributions due by employers in response to COVID-19 ({News-2020-04-14/A/4-previous coverage}). As approved by the Senate, the temporary reduction would be limited to the period April and May 2020 instead of April to Jun…

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