Regulatory Alerts2020-05-22 | Carta Circular 4053Circular Letter No. 4053 - Amends Annex II to Circular Letter No. 3.611 of September 2, 2013, regarding the Accounting Plan titles and subtitles used for calculating ordinary and special contributions
The Head of the Financial System Monitoring Department (Desig) of the Central Bank of Brazil issued Circular Letter No. 4053 to amend Annex II of Circular Letter No. 3.611. This amendment introduces new accounting codes for related and unrelated entities with special FGC guarantees, distinguishing between those with and without receivables alienation. The regulation enters into force on June 1, 2020.
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