Brazil Revokes Provisional Measure on Payroll-based Social Security Tax

On 9 August 2017, Brazil published Provisional Measure 794/2017 in the Official Gazette, which revokes Provisional Measure 774/2017 (PM 774). PM 774 was originally published 30 March 2017 and reestablished the 20% payroll-based social security tax (INSS) for most companies effective 1 July 2017 ({News-2017-06-01/A/2-previous coverage}).
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