🇧🇷Brazil

Multas por Não Conformidade em Relatórios Financeiros

1 verified sources

Definition

Non-profits risk losing tax immunity on income, services, PIS (1% salaries), and COFINS (7% other income) due to inadequate board-reported financials, plus CEBAS revocation by ministries.

Key Findings

  • Financial Impact: R$1-5 milhões/year in lost tax exemptions (estimated based on typical NPO revenue); 1% PIS on salaries; 7% COFINS on non-exempt income
  • Frequency: Annual tax filings; ongoing audits
  • Root Cause: Manual board financial reporting lacks transparency, violating accounting and record-keeping mandates

Why This Matters

The Pitch: Non-profit organizations in Brasil waste R$1-5 milhões annually in lost tax exemptions on Board Financial Reporting. Automation of reporting and record-keeping eliminates this risk.

Affected Stakeholders

Conselho Diretor, Contador, Auditor Interno

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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