BCB Resolution No. 127 — Calculation of the Tax Base and Payment of the Ordinary Contribution for Institutions Associated with the FGCoop

This resolution establishes the calculation of the tax base and the payment schedule for the ordinary contribution to the FGCoop, requiring institutions to submit data by the 20th and pay contributions by the 25th of each month. It imposes a 2% late payment penalty plus Selic interest for delayed payments and mandates that central cooperatives or cooperative banks remit funds on behalf of affiliated single cooperatives. The document also authorizes the Derad to publish the specific Cosif accounting titles used for calculations and revokes Circular No. 3,700 of 2014.

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BCB RESOLUTION NO. 127, OF AUGUST 11, 2021

Provides for the calculation of the tax base and the payment of the ordinary contribution of institutions associated with the Credit Cooperativism Guarantee Fund (FGCoop).

The Collegiate Board of the Central Bank of Brazil, in a session held on August 11, 2021, based on Art. 9 of Law No. 4,595, of December 31, 1964, and considering the provisions of CMN Resolution No. 4,933, of July 29, 2021,

RESOLVES:

Art. 1 This Resolution provides for the calculation of the tax base and the payment of the ordinary contribution of institutions associated with the Credit Cooperativism Guarantee Fund (FGCoop).

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Lineage: In force

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Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works