Brazil published Provisional Measure 774/2017 (PM 774) in the Official Gazette on 30 March 2017. PM 774 amends Law 12,546/2011, which introduced the social security tax on gross income (CPRB) that replaced the standard 20% social security tax on payroll (INSS) for eligible companies. The amendments introduced by PM 774 limits the companies eligible to apply CPRB to those engaged in passenger t…