International tax planning through Brazilian notional interest ...
International tax planning through Brazilian notional interest ...
International tax planning through Brazilian notional interest ...
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2.3. What are the <strong>Brazilian</strong> “JsCP<br />
JsCP”?<br />
Differently from dividends, the JsCP are <strong>tax</strong> deductible for <strong>Brazilian</strong><br />
entity at a 34% rate (IRPJ<br />
and CSL)<br />
• Insertar texto<br />
Tax optimization (IRPJ<br />
(<br />
y CSL) = 34% x JCP<br />
ATTENTION: the <strong>tax</strong> deduction of the JsCP is limited to the greatest of<br />
the two following elements:<br />
50% of the net result from the current year (“lucro<br />
líquido do<br />
exercício”)<br />
OR<br />
50% of retained earnings / reserves from previous years (“lucros<br />
acumulados” and “reserva<br />
de lucros”)
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