Our Tax team has prepared special content about the COSIT Consultation Solution No. 74/2025, in which the Federal Revenue Service issued its first opinion regarding the moment of occurrence of the taxable event for income tax on haircuts obtained by companies undergoing judicial recovery.
The tax authority’s guidance may create legal uncertainty, especially in cases where the discount is conditioned on the fulfillment of future and uncertain conditions.
To understand the impact of this position and the potential risks of litigation it may generate, click here (available only in Portuguese).
