Brazil — Historical Events Description

Brazil flag
Brazil
Event
The Creation of Social Contribution on Net Profit (CSLL)
Category
Economic
Date
1988-12-15
Country
Brazil
Description

Law No. 7,689 created the Social Contribution on Net Profit (CSLL). CSLL is a major federal contribution paid by legal entities and is linked to funding social security-related spending. This law became central to Brazil’s tax system because it affects a wide range of companies. It has been cited and updated many times as tax rules evolved.