On February 11, 2021, Ordinance 1696 was published by the National Treasury Attorney General's Office, which regulates the so-called "adhesion transaction" for federal taxes due from March to December 2020 and unpaid due to the economic impacts of the pandemic (COVID-19). There are several modalities of negotiation/transaction with the federal tax authorities.
The possible negotiation/transaction covers federal taxes recorded in the federal active debt and may be entered into by individuals (IRPF related to fiscal year 2020) and legal entities in general (IRPJ, PIS, COFINS, IPI, among others), including micro and small-sized companies.
The trading period will begin on March 1 and close at 7:00 p.m. on June 30, 2021.
