Angelo Ambrizzi, head of our tax department, spoke to Valor Econômico about the impact of the Supreme Court’s (STF) decision to validate the levying of PIS/Cofins on insurance premiums.
The court ruled that PIS and Cofins should not be levied on “revenue other than billing, that is, on the concept of levying taxes on revenue derived from business activity – in the case of insurance companies, in relation to premiums actually received.
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