EFD-Reinf Version 2.0 Delayed

On October 14, 2019, the General Coordinator of Audits for the Federal Tax Administration in Brazil (Receita Federal), published Executive Ruling 55 revoking Version 2.0 of the EFD-Reinf layout. In so doing, it restores the Executive Ruling 65 (September 2018) Establishing Reinf Layout Version 1.4 as the required format.

As a result, the planned expanded reporting requirements related to withholding of income and social security taxes beyond employment compensation (e.g real property rentals), and withholding requirements related to the CSLL, PIS and COFINS applied to payments to legal entities (e.g withholding related to payments to entities subject to Art. 30 and 34 of Law 10833/2003), previously slated to go into effect in January 2020, are no longer immediately planned.These changes impact not only taxpayers under the Group 1 and 2 of the EFD-Reinf, but also entities in Group 3 that were required to comply with the EFD Reinf mandate in January 2020. (i.e. non for-profit organizations, and entities under the simplified regime).

The Government suggests that the reversion to layout version 1.4 is temporary and that the current plan is to announce a migration to Version 2.0 (and the attendant expanded reporting) at a future time.  

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Author

Ramón Frias

Ramón is a Tax Counsel on the Regulatory Analysis team at Sovos. He is licensed to practice law in the Dominican Republic and is a member of the Dominican Bar Association. He has a Certificate Degree from Harvard University as well as a J.D. from the Universidad Autonoma de Santo Domingo. Ramon has written a number of essays about tax administration and has won the first prize in the international essays contest sponsored by the Inter American Center of Tax Administrations (CIAT). Prior to joining Sovos, Ramon worked for more than 10 years in the Department of Revenue of the Dominican Republic where he served as Deputy Director. He is proficient in French and Spanish.
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