STF decision generates a race to exclude Selic from PIS/COFINS

The Federal Supreme Court (STF) has ruled out the charge of IRPJ and CSLL on amounts referring to the Selic rate due to the repetition of tax undue payment, causing new discussions of child theses.

In an interview with JOTA, our partner Tatiana Del Giudice Cappa Chiaradia explained that in the context of PIS/COFINS, under both the cumulative and non-cumulative tax regimes, the amounts received as Selic should also not be considered income and, therefore, should not be taxed.

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