OrbitaxProvisional Measure 612/2013 – presumed profits regime extended and other relevant changes
|Approved Changes|Brazil
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…
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