Brazil has published Law No. 14.973 of 16 September 2024 in the Official Gazette, which provides for the phasing out of the optional regime for social contributions on gross income (revenue) (Contribuição Previdenciária sobre a Receita Bruta - CPRB). The CPRB regime allows companies in certain sectors to pay their social security contributions based on a percentage of gross income rather than on the basis of employee payroll. As per Law No. 14.973, the CPRB regime will be phased out over three years with a gradual shift to the standard contribution on payroll as follows: 1 January to 31 December...