Provisional Measure n. 601, Dec. 28. 2012, DOU-I, Dec. 28, established the following changes in the tax legislation:

  • It established a 2% rate applicable to the gross revenue of the companies engaged in civil construction (412, 432, 433 and 439 of CNAE 2.0.) and 1% rate for the companies engaged in retail, substituting the 20% rate over the payroll, upon the payment of the employer´s portion of the social security contribution;
  • It extended the applicability of the Reintegra to exportations carried until December 31, 2013;
  • It established the applicability of the 4% rate over the monthly revenue received upon each enterprise submitted to the special taxation regime of real estate enterprises – the previous rate was 6%;
  • It established a zero rate of the Withholding Tax applicable to the income of non-residents from Credit Investment Funds (Fundos de Investimento Creditório - FIDC) organized as a closed condominium and from bonds and securities object of a public distribution and issued by non-financial private law legal entities, governed by the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários - CVM), provided that the features required by the rule are present.

(Provisional Measure n. 601, Dec. 28.2012, DOU-I, Dec. 28. 2012. Available at:

<>. Access in: Jan. 2013).