Brazil has published Normative Instruction RFB No. 1.925 of 19 February 2020 in the Official Gazette, which includes amendments in the rate of social contribution on profits (CSLL) in accordance with Constitutional Amendment No. 103, approved in November 2019. This includes an increased CSLL rate of 20% for banks of any kind and development agencies, except in the period between 1 January 2020…