Brazil’s statute of limitation for social security taxes unconstitutional, court says

Brazil’s Superior Court of Justice on August 15 ruled that the 10-year statute of limitation for social security taxes, provided by article 45 of Law 8,212/91, is unconstitutional. The decision is important because the Federal Revenue Department — which has taken over control and audit of social security taxes — will now have a shorter, standard five-year term to audit and assess unpaid social security taxes. (Special Appeal No. 616,348)