[Free translation]
RFB Normative Instruction No. 1687, dated January 31, 2017, was published to regulate the Tax Regularization Program, which runs from February 1 to May 31, 2017.
A roadmap for joining the PRT with a step-by-step, as well as other basic information to the taxpayer, was also made available on the website of the Federal Revenue Service (RFB).
In addition to the information contained in our Information 04-17, we also highlight that:
a) of the four existing modalities of inclusion of debts in the PRT (cash or installments), the taxpayer can only opt for one for all debts in each body (RFB / PGFN);
b) the tax loss carryforwards and the negative calculation base of CSLL only apply to the existing debts within the scope of the RFB, and do not apply to the debts administered by PGFN.
