The 1st Panel, 1st Chamber, 1st Judgment Section, of the Administrative Board of Tax Appeals understood that the amounts paid as profit-sharing, formally agreed between the employer and his employees, are comprised in the definition of remuneration and, therefore, are deductible when calculating the real profit, even if the Federal Government does not take part in the elaboration of the company´s profit sharing plan, based on Section 299 of the Income Tax Regulation in effect.

(Panel Decision 1101-000.846. Available at: <http://carf.fazenda.gov.br/sincon/public/pages/ConsultarJurisprudencia/consultarJurisprudenciaCarf.jsf>. Access in: Apr. 2013).