MP 1185/2023 provides rules and guidelines for Investment Grant Tax Credit given by Federal entities, States and Municipalities
By Leopold Koenig and Paulo Cunha
The Federal Government published MP 1185/2023 last Thursday (31/08), which contains rules and guidelines for the Investment Grant Tax Credit, for the purpose of implementing or expanding the economic enterprise, given by the Federal Government, States and Municipalities.
According to the Federal Government, the MP seeks to comply with the decision of the Supreme Federal Court (STJ) regarding the inclusion of tax credits in the calculation of Income Tax (IRPJ) and Social Contribution (CSLL), to correct tax distortions and thus reflect greater legal certainty on the subject.
Taxpayers taxed by the Real Profit calculation regime, who are interested in taking advantage of tax credits, based on the MP, must register their license with the Federal Revenue Service, subject to the act of granting the grant.
It is important to note that the MP takes effect on the date of publication and must be voted on and transformed into law within four months.
We understand that the MP came to clarify some aspects, regarding the tax perspective, of investment grants. And when a correct strategic plan is carried out, it can be an important ally in the economic scenario of companies!
Are you aware of this news? TATICCA has excellent specialists who can help your company understand and apply these credits to your operation.
