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Brazil Amends PIS/COFINS Contributions for Petrochemical Plants and Chemical Industries

|Approved Changes|Brazil
Brazil

Brazil has published Law No. 14.374 of 21 June 2022, which amends the contribution rates for Social Integration Program (PIS) and Social Security Financing (COFINS) for petrochemical plants and chemical industries in Brazil. This includes PIS and COFINS rates of 1.26% and 5.8%, respectively, for the period January to March 2022 and rates of 1.65% and 7.6%, respectively, for the period April to…

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