Brazil's Attorney General of the National Treasury has announced that the new method of tax regularization, referred to as "Exceptional Transaction" (Transacão Excepcional), has been extended to taxpayers under the simplified (Simples Nacional) regime. This new method, which was introduced in response to COVID-19, allows taxpayers to pay 4% of their outstanding tax debts in up to 12 monthly installments, with the balance due in up to 133 monthly installments, with the possibility of discount…