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Minister Robinson Barreirinhas stated that one of the companies signed the negotiations on Wednesday morning (March 27).
Special Secretary for Federal Revenue, Robinson Barreirinhas, said on Wednesday (March 27, 2024) that the agency closed two tax transactions (to pay off debts) with a total value of R$3 billion. According to him, one company signed negotiations with the tax authorities in the morning amounting to about R$2 billion.
Barreirinhas also mentioned another recently signed individual deal with a company worth a total of R$1 billion. To preserve the confidentiality of the companies, the secretary did not mention the companies that signed the agreements.
The head of the Tax Authority spoke about the issue in an interview with reporters this afternoon. The Minister confirmed that individual transactions have been permitted since 2022, and said that the mechanism is “The most powerful tool” To achieve compliance and ensure corporate regulation.
The Tax Authority emphasized the objectives of tax transactions:
- Make it possible to overcome the temporary situation of economic and financial crisis for taxpayers, to allow the source of production and employment of workers to be maintained, thus promoting the preservation of the company, its social function and stimulation of economic activity;
- Ensuring a sustainable source of resources for implementing public policies;
- Allow tax credits to be collected in a way that balances the interests of the Federation and taxpayers;
- Ensure that tax credits are collected in a manner that is less burdensome on the Federation and taxpayers; that it
- Ensure that taxpayers facing financial difficulties have a new opportunity to resume voluntary compliance with tax obligations.
Tax treatment is an agreement concluded between the debtor and the tax administration to resolve the dispute. There are special conditions for repaying the debt, such as offering discounts.
In 2024, the government hopes to obtain 31 billion Brazilian reals With tax transactions associated with federal revenue.
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