# PIS and COFINS (monthly)

Country: Brazil
When: 25th of the month after the month of revenue. If the 25th is not a business day, the date moves earlier to the previous business day.

The monthly federal contributions on revenue for companies outside the Simples Nacional. Lucro Presumido companies usually use the cumulative regime and Lucro Real companies the non-cumulative one, which allows credits on some purchases. From 2027 the CBS takes their place.

## Who this applies to

- Companies on Lucro Presumido (usually cumulative)
- Companies on Lucro Real (usually non-cumulative)

## What to file

The EFD-Contribuições, by the 10th business day of the second month after the period.

## How to file

Pay by DARF and send the EFD-Contribuições through SPED. AccountsOS does not submit anything to the Receita Federal. The company or its contador files and pays. Finn keeps the deadline on your calendar, reminds you before it falls due and shows the figures from the books that your contador needs.

## Payment due

Cumulative 0.65% and 3%; non-cumulative 1.65% and 7.6% with credits.

## What happens if you miss it

Late payment carries interest and a late-payment charge; a late EFD-Contribuições carries a fine.

## Submission checklist

- Total the month's revenue
- Apply the right regime
- Pay the DARF
- Send the EFD-Contribuições
- List the purchases that give credits under the non-cumulative regime
- Keep the DARF receipt and the EFD-Contribuições receipt with the month's records

## Documents you need

- Fiscal documents issued and received in the month
- Purchase documents that give credits, under the non-cumulative regime
- The month's revenue by type, including any exempt or zero-rated sales
- Returns and cancelled sales in the month, which reduce revenue

## Common mistakes to avoid

- Paying on the 25th when it is a weekend: the date moves earlier, not later
- Taking credits under the cumulative regime, where they are not allowed
- Forgetting the EFD-Contribuições because the DARF was paid
- Leaving financial income out of the base without checking with the contador whether it is taxed

Source: https://planalto.gov.br/ccivil_03/leis/2003/l10.833.htm