OrbitaxOrbitax

Brazil Publishes Law for Conversion of Provisional Measure for Reduced Payroll Contributions

|Approved Changes|Brazil
Brazil

Brazil has published Law 14.025 of 14 July 2020 for the conversion of Provisional Measure 932 of 31 March 2020, which provided a temporary rate reduction for certain payroll contributions due by employers in response to COVID-19 ({News-2020-04-14/A/4-previous coverage}). As approved by the Senate, the temporary reduction would be limited to the period April and May 2020 instead of April to June 2020 as provided in Provisional Measure 932. However, this was vetoed by the president in Law 14.0…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.