At the end of last month, the Security Warrant was judged for Carpena lawyers on behalf of a renowned administrator of Gaucho consortia. Such a decision will have direct repercussions on the company's results, in view of a reduction of 5.6% of PIS and COFINS, incidents on the company's revenue. In other words, every 1 million billed, the company will no longer pay R $ 56,000.00 of PIS and COFINS.

The decision has determined that, in relation to revenues from the activity of service provision, the possibility of collecting the contributions to PIS and Confins by the cumulative regime, in accordance with LC No. 07/70 and LC No. 70/91, regardless of whether the company taxed by real profit or presumed profit.

Such a decision is a very important precedent, since it demonstrates the understanding of the Judiciary in relation to the disproportionate collection of PIS and Cofins, in the form provided for by the legislation, in relation to revenues earned by consortia administrative companies.