Court authorizes sale of BRL 14.5 million in State Tax on Goods and Services (ICMS) credits

17 June 2024

A soybean exporter secured authorization from a São Paulo court to transfer BRL 14.5 million in State Tax on Goods and Services (ICMS) credits without being subject to the limits of the state government’s ProAtivo program, which would have restricted the sale to BRL 1.2 million to third parties.

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Court authorizes sale of BRL 14.5 million in State Tax on Goods and Services (ICMS) credits

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