Brazilian Federal Supreme Court Holds CIDE on Payroll is Constitutional

Brazil's Federal Supreme Court recently issued a decision concerning the constitutionality of the levy of the Contribution for Intervention in the Economic Domain (CIDE) on payroll. CIDE is levied at a rate of 0.3% on the payroll of medium-sized and large enterprises for the funding of the Brazilian Service for the Support of Small and Medium-sized Enterprises (SEBRAE), the Brazilian Trade and…
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