Provisional Measure 612/2013, published in the Official Gazette - Extraordinary Edition of 5 April 2013, introduced changes to different tax provisions related to:
Presumed profit regime
According to article 27 of PM 612/2013, legal entities, the total gross income of which did not exceed BRL 72 million in the previous year or BRL 6 million times the number of months during which the company carried out its activities in the previous year (when less than 12 months), may choose to b…