Petrobras has funds denied at Carf and debt of R$ 18 billion becomes final – 03/14/2023 – Market

Petrobras has funds denied at Carf and debt of R$ 18 billion becomes final – 03/14/2023 – Market

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A body of the Administrative Council for Tax Appeals (Carf) denied, by majority, special appeals by Petrobras in a case involving CIDE and PIS/Cofins Importação related to payments for chartering vessels, making debts of approximately R$ 18 billion definitive, said the state this Tuesday (14).

The company said in a statement that, “after the outcome of the administrative process, it will adopt the appropriate legal 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 provisioning in the company’s financial statements, according to the statement.

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