Petrobras announces favorable decision in process on ICMS

Through a statement, on Tuesday (21), Petrobras announced that it obtained a favorable and final decision of the Federal Regional Court of the 2nd Region in a process in which it sought to recover contributions of PIS and Cofins paid more.

The state company, which did not mention the amounts involved, said that there would have been a charge beyond the due due due to the inclusion of ICMS in the basis of calculation of contributions from October 2001.

"The company informs that it is determining the respective amounts to be recovered, as well as evaluating the potential impacts on its financial statements, which will be disclosed in due course," the oil company said. 

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