Provisional Measure 766 has issued and released on 4 January 2017. This provisional measure establishes a tax regulation program for Brazilian taxpayers to settle their tax liabilities. Under this program, taxpayers can resolve their federal tax liability in installments. This program also allows to settle their tax losses with the use of tax credits and the tax loss carryforwards, but does not permit sanctions or interest.
Related Posts
Brazil revises financial transaction tax rates again
June 16, 2025
Brazil issued Decree No. 12.499 on 11 June 2025, repealing Decrees 12.466 and 12.467, raising financial transaction tax (IOF) rates on select insurance, credit, and forex transactions. Brazil has published Decree No. 12.499 on 11 June 2025, which
Read More Brazil, China protocol to tax treaty entered into force
June 16, 2025
The amended Brazil-China tax treaty (effective 14 June 2025) sets withholding tax rates for dividends, interest, and royalties. The amending protocol to the 1991 income tax treaty between Brazil and China took effect on 14 June 2025. Signed on
Read More Brazil: Government to raise tax on interest on equity in fiscal package
June 13, 2025
Brazil's Finance Ministry plans to increase the income tax on interest on equity (JCP) payments from 15% to 20% as part of a new fiscal package. Brazil's Finance Minister, Fernando Haddad, announced on 10 June 2025 that the government is
Read More Brazil: Government poised to support 10% reduction in tax breaks
June 11, 2025
Brazil's government is expected to back a bill proposing a 10% reduction in federal tax breaks, with a 5% cut in 2025 and another 5% in 2026. Brazil's government is likely to support a bill for a 10% cut to federal tax breaks, multiple sources
Read More
Brazil, Sweden: Amending protocol enters into force
May 30, 2025
The amending protocol to the 1975 Brazil-Sweden Income Tax Treaty will take effect on 13 June 2025. The amending protocol to the Brazil-Sweden Income Tax Treaty (1975) will take effect on 13 June 2025, however withholding and other taxes will
Read More
Brazil, China: Amending protocol to tax treaty enters into force
May 30, 2025
The amendment to the 1991 Brazil-China Income Tax Treaty takes effect on 14 June 2025.  The amending protocol to the Brazil-China Income Tax Treaty (1991) will take effect on 14 June 2025, however withholding and other taxes will take effect
Read More