Bill to amend Complementary Law No. 123/2006, to provide for the application of Non-Double Taxation Treaties signed by the Federative Republic of Brazil to companies opting for the Simples Nacional tax regime

The "Bill to amend Complementary Law No. 123/2006, to provide for the application of Non-Double Taxation Treaties signed by the Federative Republic of Brazil to companies opting for the Simples Nacional tax regime" has been "CANCELLED" by the "Chamber of Deputies" on "11/12/2024". This bill aimed to facilitate Brazilian companies' participation in international trade by exempting them from double taxation under Non-Double Taxation Treaties. The cancellation eliminates potential compliance changes, maintaining existing tax arrangements for these companies, but leaves uncertainty about future treaty applications.