Normative Instruction 1,677/2016, released in the Official Gazette on 12 December 2016, adjusts the special payment scheme for tax debts become certified to legal entities and the special payment rule was created by Law 155/2016. Law 155/2016 permits legal entities to pay tax debts dated no later than 31 May 2016 in up to 120 monthly installments, under the simplified regime. The special payment request must be presented no later than 10 March 2017.
Related Posts
US: Trump Administration unveils 25% Brazil tariff over trade grievances
June 04, 2026
The Trump administration announced a new punitive tariff of 25% on numerous Brazilian imports on Monday, 1 June 2026, citing unfair trade practices spanning digital commerce, intellectual property rights, and environmental protection. US Trade
Read More
Brazil: RFB issues guidance on PIS/Cofins credits during CBS transition
June 04, 2026
Brazil’s tax administration, the Federal Revenue Service (RFB) has clarified on 3 June 2026 that existing PIS/Pasep and Cofins tax credits will remain valid and usable even after these contributions phase out with the introduction of the
Read MoreBrazil introduces comprehensive indirect tax reform with new regulations for IBS, CBS
May 21, 2026
Brazil is implementing a major indirect tax reform, replacing five existing taxes — three federal (PIS, COFINS, IPI), one state (ICMS), and one municipal (ISS) — with two new taxes: CBS (federal contribution on goods and services), managed
Read MoreBrazil: RFB expands instalment options for non-tax debt payments
May 15, 2026
Brazil’s tax administration, the Federal Revenue Service (RFB), has broadened access to debt instalment plans by allowing taxpayers to settle non-tax obligations through simplified digital channels through a notice released on 14 May 2026. The
Read More
Brazil scraps tax on small e-commerce imports
May 14, 2026
Brazil’s President Luiz Inácio Lula da Silva signed a provisional presidential decree on Tuesday 12 May 2026 eliminating the federal tax on imports worth less than USD 50, reversing a levy that had been widely criticised. The presidential
Read MoreBrazil, Spain confirm net equity interest treatment under tax treaty
May 11, 2026
Spain's Ministry of Finance has announced that Brazilian interest on net equity, known as juros sobre o capital próprio (JCP), will be treated as interest under the 1974 tax treaty between Spain and Brazil. This clarification follows an exchange of
Read More