Bill that Institutes the Additional Social Contribution on Net Profit, in the process of adapting Brazilian legislation to the Global Rules Against Erosion of the Tax Base – GloBE Rules, and contains other provisions

The "Bill that Institutes the Additional Social Contribution on Net Profit, in the process of adapting Brazilian legislation to the Global Rules Against Erosion of the Tax Base – GloBE Rules, and contains other provisions" has been "PLANNED" by the "Chamber of Deputies" on "07/10/2024". This bill aims to introduce an Adicional da Contribuição Social sobre o Lucro Líquido (Additional Social Contribution on Net Profit) in line with GloBE Rules, potentially impacting multinational corporations and corporate tax policies. Compliance considerations may arise for businesses operating in Brazil, requiring them to adapt to these new regulations.