Brazil has published Law 13.670 of 30 May 2018, which includes a restriction of the offset of federal tax credits against advance tax payments, including advance payments for both corporate income tax (IRPJ) and social contribution on profits (CSLL). The restriction applies from 30 May 2018 for taxpayers under the actual taxable income method. Although it is somewhat unclear, it appears the restriction applies for both methods of advance payment, which include payment based on a percentage o…