Passive renegotiation is crisis strategy

By ETCO
19/11/2015

Some specialists in financial restructuring believe that the postponement of the payment of the Treasury serves as a "survival insurance" to circumvent the weak economic activity and the increase in costs, which hinder the generation of cash. To remedy the tax debt, they suggest that there are many benefits to awaiting the appearance of a new Tax Recovery Program, from the Federal Revenue, (Refis), whose cycle is renewed on average every four years.

Source: Valor Econômico (18/11)

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