Base Negativa
English translation: Negative Tax Basis
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| 18:36 May 14, 2018 |
| Portuguese to English translations [PRO] Law/Patents - Law: Taxation & Customs / Dreding | |||||||
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|  Selected response from: Mike Clawson United States Local time: 18:41 | ||||||
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| 5 | Negative Tax Basis |
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Answers
37 mins confidence: 
Negative Tax Basis Explanation: The negative tax basis of the CSLL (tax loss for CSLL purposes) may be used to offset the taxable profit in the subsequent periods, limited to 30% of the taxable profit in each calculation period. Reference: http://masterclassbrazil.com/managing-a-business-in-brazil/t... |
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