The article “STF to rule on constitutional scope of PIS and COFINS non-cumulative taxation”, by lawyer Fábio Bernardo, is featured on the Âmbito Jurídico portal.
The Federal Supreme Court has included one of today’s most important tax cases on its agenda. This is a discussion on the scope of the constitutional principle of non-cumulative taxation for PIS and COFINS. This is one of the most controversial issues in Brazilian tax law.
In practice, if the STF rules in favor of taxpayers, it is possible to say that any expense that contributes to generating revenue will be eligible for PIS/COFINS credits, opening up many possibilities for reducing companies’ tax burden and recovering taxes.
To find out more about the impact of this decision, click here.
