The Possibility of Maintening PIS and Cofins Tax Credits, within the Non-cumulative System, by a Company that joined “Perse” and is Submitted to Zero Rate Taxation on these Social Contributions

Abstract

This paper aims to verify whether it is possible to maintain PIS and Cofins credits under the non-cumulative system by a company enjoying the zero-tax rate benefit for such contributions, pursuant to article 4 of Law 14.148/21, when it adheres to Perse. The paper will address general and explanatory aspects of the PIS and Cofins non-cumulative tax regime. After that, a brief exposition of the new Federal Program of Perse and its tax benefits is necessary. Lastly, this paper intends to answer if taxpayers have a right to maintain and benefit from PIS and Cofins tax credits, even though there is a zero-rate taxation for those that have joined Perse, in accordance to current tax legislation.