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OCT—NOV: ANNUAL WINDOW · Actual Profit · Presumed · Simples

Tax regime.
The most impactful decision of the year.

Choosing the tax regime is the most impactful fiscal decision in a company’s life — and it must be revisited annually, in October/November, before the start of the following year. Actual Profit, Presumed Profit or Simples? The right modeling shifts margin by percentage points.

Published maio 4, 2026 · Updated maio 29, 2026 · 11 min read

Choosing the tax regime is the most impactful fiscal decision in a company’s life — and it must be revisited annually, in October/November, before the start of the following year. The three possible regimes (Simples Nacional, Presumed Profit, Actual Profit) have completely different calculation bases, rates and rules. The wrong choice can cost several percentage points of margin. For growing or transitioning companies, the analysis is especially critical.

01

The three tax regimes

Regime Revenue threshold Typical federal taxation General indication
Simples Nacional Up to BRL 4.8M/year 4% to 33% (aggregate rate) SMEs with B2C end customers
Presumed Profit Up to BRL 78M/year ~11.3% (services) to ~5.9% (commerce) on revenue High margins (>20% in commerce, >30% in services)
Actual Profit No limit 34% on profit + non-cumulative PIS/COFINS Low margins, loss, or revenue > BRL 78M
02

When Presumed beats Actual Profit

Presumed Profit is taxed on gross revenue (not on profit). It is advantageous when the effective operating margin is higher than the margin presumed by law: 8% for industry/commerce and 32% for services.

Numerical example

A services company with a real margin of 50%:

  • Actual Profit: IRPJ/CSLL 34% on 50% = 17% burden
  • Presumed Profit: IRPJ/CSLL ~17% on 32% (presumed) = ~5.4% effective + cumulative PIS/COFINS 3.65% = ~9% total

Typical gain: 5-8 percentage points of margin.

Cumulative PIS/COFINS under Presumed

Presumed has cumulative PIS/COFINS at 3.65% (vs 9.25% non-cumulative under Actual Profit). For companies with few creditable inputs (professional services), the difference is significant — because under Actual Profit, paying 9.25% without taking much credit ends up more expensive than 3.65% cumulative.

03

When Actual Profit beats Presumed

Actual Profit is mandatory above BRL 78M and for some specific activities (financial, factoring). It is advantageous by choice when:

  • The operating margin is low or a loss (Actual Profit taxes the real profit, Presumed taxes revenue)
  • There is a large volume of creditable inputs in PIS/COFINS
  • The company needs to amortize accumulated tax losses (limited to 30% in usage, but it exists)

Actual Profit: annual vs quarterly

Within Actual Profit, there are two modalities:

  • Annual Actual — annual assessment with monthly estimate. Greater flexibility in offsetting losses across quarters of the same year.
  • Quarterly Actual — definitive assessment per quarter. Less flexibility but can be better in seasonal operations.

Most mid-market companies opt for the annual one.

04

Simples Nacional — when it is worth it

Simples Nacional unifies IRPJ, CSLL, PIS, COFINS, IPI, ICMS, ISS and employer INSS into a single payment (DAS). Threshold of BRL 4.8M/year.

It is worthwhile especially for:

  • Companies with an individual end customer (B2C)
  • Revenue below BRL 1M/year (initial brackets with a low rate)
  • A simple operation without high fiscal complexity

Critical note: with the Tax Reform, Simples B2B companies must decide in September/2026 whether to remain or opt for the regular IBS/CBS regime. See Simples Decision 2027.

05

Annual decision timeline

  • Sep/Oct: Diagnosis — analysis of the current year’s results vs alternative scenarios
  • Nov: Technical decision — quantitative modeling, validation against precedents, document preparation
  • Dec: Implementation — corporate acts, regime change in the CNPJ (if necessary), communication to the team
  • Jan: Start of the new regime — first assessment

Wrong decisions can cost up to 10 percentage points of margin in extreme cases. Careful modeling is worth it.

Tax regime diagnostic — free

Quantitative modeling across Actual Profit, Presumed Profit and Simples for your company. Analysis of the current year + projection of the next 12 months + technical recommendation.

Book a diagnostic
06

Frequently asked questions

How do I know which tax regime is best for my company?
The choice depends on the effective operating margin, revenue, expense profile, corporate structure and customer profile (B2B/B2C, need for tax credit). In general: a high margin (above 20% in commerce, 30% in services) favors Presumed; a low margin, loss, or high volume of creditable inputs favor Actual Profit; revenue up to BRL 4.8M and a B2C customer favor Simples. Specific modeling is necessary — there is no universal rule.
When is the deadline to change tax regime?
The option is made at the start of the calendar year, in January, with effects for the entire year. But the analysis should be done in October/November of the prior year, with time for technical validation, necessary corporate changes, and communication to the team. Decisions left for January are frequently made in a rush.
Actual Profit annual or quarterly — which to choose?
Annual is more common in mid-market because it allows offsetting losses across quarters of the same year without the 30% cap (which applies between years). Quarterly is better in highly seasonal operations or when an isolated loss is expected in one quarter that will be offset within the year. In general, annual offers more flexibility.
Can a company switch from Presumed Profit to Actual Profit mid-year?
No. The regime choice is annual and irreversible during the year. If the company exceeds the BRL 78M threshold mid-year, it is required to migrate to Actual Profit in the following year. To avoid surprises, growing mid-market companies should anticipate the migration in the year they project exceeding the threshold.
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