Brazil updates PIS and Cofins rules to strengthen legal certainty
Brazilian Federal Revenue Service Tax Directive No. 2,264, issued on 30 April 2025, updates and amends provisions of Tax Directive No. 2,121/2022, which consolidates the rules on calculation, collection, audit, enforcement, and administration of PIS and Cofins contributions. The new directive introduces important regulatory developments aimed at aligning administrative regulations with the case law of […]
Favorable ‘CARF’ decision on PIS/Cofins credits for imported inputs
In a recent ruling, the 3rd Panel of the Superior Chamber of the Administrative Council of Tax Appeals (CARF) unanimously recognized the right to claim PIS (Social Integration Program) and COFINS (Contribution for the Financing of Social Security) credits on freight expenses for imported inputs used in production. The decision was issued in administrative cases […]