• Peremption of the Right to Make Tax Assessment during the Period of Tax Liability Suspension
  • September 5, 2012
  • Law Firm: GARCIA KEENER ADVOGADOS - Rio de Janeiro - Rio de Janeiro Office
  • The Law No. 12546/2011 and the Provisional Presidential Act No. 563/2012 created a favored rate for contributions to the Brazilian Social Security Agency (INSS) due by enterprises which provide information technology services, and information and communication services, but only when performing those kinds of services. If the enterprise renders another additional kind of service, the proceeds thereof must be entered separately in its accounting books, for they are subject to ordinary taxation. This special rate will be in force until December 31, 2014.