The Municipality of San Paolo requested Timão payments for the years 2015-2018. The decision, however, is subject to a necessary review.
The 1st Central Forum Public Treasury Court granted Corinzi the cancellation of the collection made by the Municipality for an amount of $ 298.3 million ISS (Services taxes) for the years 2015 to 2018. The decision was published last Thursday.
In the trial, Corinthian lawyers have argued that activities such as sponsorship, TV rights and static media do not constitute services, as required by the Municipality of San Paolo. The Court accepted the thesis and indicated the unconstitutionality in the collection of the tax.
The decision, however, is subject to the necessary review, as underlined by the speaker Marco Antonio Bottuto Muscari. In practice, a higher case, the 18th Chamber of Public Law of the Court of Justice of San Paolo, will reyon the trial.
The current legal director of Corinthians Leonardo Pantaleão celebrated the decision, which means relief in the volume of the club’s debt, which in his latest update has exceeded R $ 2 billion.
Source: Terra
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