Brazil: Tax relief measures (COVID-19)

Brazil: Tax relief measures (COVID-19)

The federal and state and local governments in Brazil have granted tax relief measures in response to the coronavirus (COVID-19) pandemic.


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Federal tax measures

Among the tax relief measures are certain temporary suspensions or deferrals related to:

  • 90-day suspension of deadlines and charges concerning tax debts 
  • Tax on financial transactions (IOF) reduced to zero
  • Extended deadline to June 2020 for filing individual income tax return for 2019
  • Extended deadline for information returns related to certain social contributions (including PIS and COFINS)
  • Extended period of time for collecting federal taxes
  • Excise tax rates reduced to 0% on products considered essential
  • Import tax reduced to 0% on certain goods, medical equipment, and medicines used to address COVID-19
  • Suspension for 90 days of certain tax administrative procedures and suspended deadlines to 30 April 2020 for certain procedural acts in administrative proceedings

State and local tax measures

The tax relief includes suspensions or deferrals of certain state or local tax requirement including:

  • Suspension of certain tax deadlines for São Paulo for 30 day  
  • Suspension of tax filing and other deadlines for Rio de Janeiro and 60-day extension of validity periods of certain certificate  
  • Suspension of tax court procedures for São Paulo state tax court 

Read an April 2020 report [PDF 38 KB] prepared by the KPMG member firm in Brazil

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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