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    Global Daily Tax News, Brazil Challenging Companies Owing PIS, Cofins, (Oct 2, 2025)

    Brazil's Federal Revenue Service has launched a campaign to encourage companies to settle outstanding PIS/Cofins amounts.

    Starting September 30, correspondence is being sent to over 3,000 companies in respect of additional assessments amounting to BR ...

    Brazil's Federal Revenue Service has launched a campaign to encourage companies to settle outstanding PIS/Cofins amounts.

    Starting September 30, correspondence is being sent to over 3,000 companies in respect of additional assessments amounting to BRL1.2bn (USD225.6m).

    The debts have been detected as a result of analysis of information available to the tax agency, as part of the malha fina, or "fine mesh" system.

    The deadline for self-regulation is November 28, 2025.

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