The Official Gazette (DOU) this Monday, 5th, publishes a law that raises the Social Contribution on Net Income (CSLL) of financial institutions by one percentage point. With the increase, which is in effect temporarily from August 1 to December 31, 2022, the CSLL will increase from 20% to 21% for banks and from 15% to 16% for exchange brokers and insurance and capitalization companies.
The change was the subject of a provisional measure issued by the President of the Republic, Jair Bolsonaro, in April. As the text was not altered during the process in the Legislative Power, it was only promulgated by the president of the National Congress, Rodrigo Pacheco, without the need for presidential sanction.
At the time of the edition, the government informed that the MP would bring an increase in collection of R$ 244.1 million this year, which would guarantee to compensate for the waiver of Refis opened by the government for the installment of tax debts of Individual Microentrepreneurs (MEIs) and small companies .
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