14 January 2022
Brazil has published Law No. 14.288 of 31 December 2021 in the Official Gazette, which extends the optional regime for social contributions on gross income (revenue) (CPRB). The CRPB regime allows companies in certain sectors to pay their social security contributions based on a percentage of gross income rather than on the basis of employee payroll. Previously scheduled to expire on 31 December 2021, the optional CPRB regime is now extended until 31 December 2023. Sectors eligible for the CPRB regime include the automobile industry, construction and infrastructure, freight transport services, information and communication technology, machinery and equipment, and the textile industry.
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