Brazil: Implemented Provisional Measure for minimum effective taxation (Provisional Measure No. 1,262/2024)
Description
Implemented Provisional Measure for minimum effective taxation (Provisional Measure No. 1,262/2024)
On 1 January 2025, Provisional Measure No. 1,262, which introduced an additional Social Contribution on Net Profit (CSLL), comes into force. This measure establishes a minimum effective tax rate of 15% for multinational enterprises with consolidated…
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central government