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November 10, 2022
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MP approved that guarantees credit for aid of R$ 600 until December

Caixa pays Brazil Aid to beneficiaries with final NIS 5

The plenary of the Federal Senate approved this Wednesday (9) the provisional measure that released extraordinary credit of R$ 27 billion to the Ministry of Citizenship. These resources are used to finance, until December, the increase from R$400 to R$600 in the value of Auxílio Brasil, paid to more than 21 million families. The text goes on for promulgation.MP approved that guarantees credit for aid of R$ 600 until December

The amount also covers the financing, until December, of other social programs included in Constitutional Amendment 123 – which allows the government to spend over the spending ceiling an additional BRL 41.25 billion by the end of the year to increase social benefits and reduce taxes. of ethanol.

The MP allowed the payment of an increase of R$ 200 in the Auxílio Brasil program (R$ 25.5 billion) and the increase in the value of Auxílio Gás (R$ 1.04 billion).

R$ 500 million will also be allocated to Alimenta Brasil, a social program that guarantees the food supply of people served by the government’s social assistance network through food produced by family farming.

There is also the allocation of R$ 86.9 million to the Ministry of Economy for the payment of costs and bank charges related to the Auxílio Brasil program.

defaulting banks

The Federal Senate also approved the provisional measure that establishes tax compensation for financial institutions that suffered losses in the receipt of credits. The text provides that banks can deduct losses when determining the real profit and the basis for calculating the Social Contribution on Net Income (CSLL).

The rule applies to operations in default (with a delay of more than 90 days) and to operations with legal entities undergoing bankruptcy proceedings or in judicial recovery. Differentiated tax treatment can be applied as of January 1, 2025. Consortium administrators and payment institutions are excluded from the special regime. The text is also on the way to promulgation.

In defaulted operations, the amount of the deductible loss must be calculated monthly. In cases of judicial reorganization, the amount will be equal to the portion that exceeds the amount that the debtor has committed to pay. In the event of bankruptcy, the deductible loss is equal to the total value of the claim.

*With information from the Senate Agency

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