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Brazil Establishes New Tax Debt Settlement Scheme

|Approved Changes|Brazil
Brazil

Brazil's Attorney General of the National Treasury has introduced a new tax debt settlement scheme known as QuitaPGFN. The scheme allows tax debts that are negotiated in a transaction agreement signed by 31 October 2022 and tax debts registered as active debts (litigated debts) to be settled in advance under the following conditions:

  • the taxpayer must pay at least 30% of the outstanding amoun…

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