Brazil Federal Revenue Service Improves Rules for Monitoring Companies Utilizing Tax Benefits

Brazil's Federal Revenue Service has announced the publication of Normative Instruction No. 2.341 of 31 August 2026, introducing new rules to improve and simplify the monitoring of companies utilizing tax benefits. The main improvements:

• Increase the deadline for businesses to resolve non-compliance issues and maintain tax benefits after receiving a formal notice from 20 to 30 business days;
• Permit further deadline extensions if resolving the non-compliance depends on actions by other gove…