June 30, 2022
B3 receives a new fine of R$204 million from the Internal Revenue Service for goodwill involving a merger

B3 receives a new fine of R$204 million from the Internal Revenue Service for goodwill involving a merger

According to the statement, the value includes 155.17 million riyals fine on income tax and another 49.17 million riyals fine on CSLL (Photo: B3/Linkedin)

a b 3 On Wednesday, it stated that it had received a new violation notification of 204.3 million riyals from the United States tax authority It involves a financial gain, in 2017, with the goodwill resulting from the merger between BM&F and Bovespa, giving rise to the company.

According to the statement, the amount includes 155.17 million riyals as a fine on income tax and another 49.17 million riyals as a fine on CSLL.

The company explained that the tax assessment included only the above fines, as B3 had a tax loss for 2017, which was then used between 2019 and 2021.

Thus, unlike in other years for which there were valuations, the value of the portion of doubtful goodwill relating to 2017 (about R$1.6 billion) was completely deducted from this tax loss balance.

The Federal Revenue Service has already applied several fines to B3, alleging that the company incorrectly lowered the rules for calculating taxes in light of the value attributable to goodwill.

player statement Infrastructure Market.

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