On January 1, 2019, Accounting Pronouncements Committee (CPC) Technical Pronouncement 06 (R2) (approved by CVM Resolution No. 787/2017), regarding financial lease operations came into force. Rules for accounting recognition, measurement, presentation and disclosure of financial leases underwent significant changes, particularly for lessee entities.
Tax aspects related to financial leases remain subject to the rules established by Normative Ruling RFB No. 1,700/2017.