Brazil's Senate (upper house of the National Congress) issued a release on 18 December 2024 announcing the approval of Bill PL 3817/2024, which converts into law Provisional Measure No. 1.262 of 3 October 2024 for the introduction of the Additional Social Contribution on Net Profit (CSLL). The Bill was approved by the Chamber of Deputies (lower house) on 17 December 2024. As previously reported, the Additional CSLL is meant to meet the requirements of a qualified domestic minimum top-up tax (QDMTT) in line with the Pillar 2 global minimum tax rules. The Additional CSLL percentage is equal to 15% minus...