A body of the Administrative Board of Tax Appeals (Carf) denied, by majority, special appeals from the Petrobras (PETR3; PETR4) in a case involving CIDE and PIS/Cofins Import related to payments for chartering vessels, making debts of approximately 18 billion reais final, the state-owned company said this Tuesday.
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The company said in a statement that, “after the conclusion of the administrative process, it will adopt the appropriate judicial measures to question the collection, as well as guarantee the debt”.
This Tuesday’s decision took place in the Third Panel of the Superior Chamber of Tax Appeals.
The loss of this contingency is considered possible by Petrobras and Carf’s decision does not imply a provision in the company’s financial statements, according to the statement.
Source: Moneytimes
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