Alana Aiche do Carmo Dahrouj
Lawyer at Marcos Martins Advogados
Complementary Law no. 174/2020 made it possible to settle tax credits assessed under the Special Unified Regime for the Collection of Taxes and Contributions owed by Micro and Small Companies (Simples Nacional), by entering into a tax transaction, in addition to extending the deadline for joining Simples Nacional.
The possibility of a transaction encompasses debts calculated by Simples Nacional that are in the administrative or judicial litigation phase or registered as active debt.
The advantage for the company that adheres to this type of tax transaction is the opportunity to settle its debts with discounts of up to 70% of the value of interest, fines and charges, and can pay the remainder in installments over up to 145 months.
It is important to note that this type of transaction cannot include the amounts assessed by Simples Nacional as ISS and ICMS.
In addition, the same Complementary Law stipulates that micro and small companies incorporated in 2020 will have 180 days from the date of opening of the CNPJ to opt for Simples Nacional.
For companies that already have debts assessed by Simples Nacional, it is a great opportunity to be able to negotiate them through this new transaction, given the possibility of a significant reduction in debts.
The tax team at Marcos Martins Advogados has extensive experience in strategic analysis and planning to adapt the payment of tax debts to the cash flow of companies, and is available to any interested parties to answer questions about this important opportunity.
