The Superior Court of Justice will decide, in the context of a repetitive appeal – through Theme 1,160 – whether Income Tax (IR) and Social Contribution on Net Profit (CSLL) are levied on monetary correction resulting from income from financial investments.
The thesis is based on the understanding that there should be no incidence of the aforementioned taxes on the monetary correction of financial investments, since it is only a matter of recomposition of the value applied due to the inflationary process.
Therefore, the remaining proceedings on the matter will be suspended in the Judiciary, to await the judgment of the representative appeal of controversy.
