On 3 April 2020, the Government published Resolution No. 154 of 3 April 2020 in the Official Gazette, which extends the payments deadlines for taxes and social security contributions for taxpayers under the Simples Nacional regime due to coronavirus outbreak. These are:
Corporate income tax
The deadlines for filing tax returns related to tax year 2019 under the Simples Nacional regime is postponed until 30 June 2020. Postponement of the deadlines for the payment of federal taxes under the Simples Nacional (tax regime applicable to small companies)regime as follows:
- from 20 April 2020 to 20 October 2020.
- from 20 May 2020 to 20 November 2020.
- from 22 June 2020 to 21 December 2020.
The deadlines for social contributions owed by employers and for social contributions known as PIS and COFINS* for March and April 2020 have been extended to August and October 2020, respectively.
Individual income tax
The due date for submitting individual income tax return for 2019 is to be extended to 30 June 2020.
VAT
VAT is a State tax. No harmonized measures in the country. Some State have taken measures like Rio de Janeiro has granted a state VAT (ICMS) taxable basis reduction for transactions with hydrated ethyl alcohol.
