IRS bans compound interest on tax credits
The article “Receita Federal prohibits compound interest on tax credits”, by lawyer Bárbara de Alcântara Mattos, is featured on the Monitor Mercantil portal. The Federal Revenue Service has banned the incidence of interest on interest in tax offsetting. In this context, companies that use tax credits will notice changes in relation to their remaining balance. […]
Federal Revenue Service bans compound interest on tax credits
Bárbara de Alcântara MattosLawyer at Marcos Martins Advogados The Federal Revenue Service has banned interest on interest in tax offsetting. In this context, companies that use tax credits will notice changes in relation to their remaining balance, corrected due to the understanding brought about by Consultation Solution No. 24/2022. The calculation method adopted by the […]
