Raízen (RAIZ4) reported that, in 2026, the company and other firms in its economic group entered into a federal tax settlement with the Office of the Attorney General of the National Treasury (PGFN) and the Brazilian Federal Revenue Service, involving tax liabilities owed to the federal government totaling R$ 22.4 billion. Of this amount, R$ 16.7 billion is Raízen’s economic responsibility and R$ 5.7 billion is the ultimate economic responsibility of its controlling shareholders.
On the R$ 16.7 billion attributed to Raízen, discounts on fines and interest were granted in the total amount of R$ 8.5 billion, within legal limits. After these discounts, the remaining balance to be settled is R$ 8.2 billion, which will be paid off through the use of R$ 5.7 billion in tax loss carryforwards and a lump-sum cash payment of R$ 2.5 billion by the company.
According to Raízen, entering into the tax settlement is a key step in implementing its Out-of-Court Reorganization Plan, as it is one of the conditions precedent to the financial restructuring. The company stated it will keep shareholders and the market informed of any further developments related to the matter.
