Mazzucco&Mello Advogados advised on the tax settlement of social security debts of a major pharmaceutical company. The debt, whose updated value corresponded to more than R$1,400,000.003 million, was reduced by R$67,100,000.003 (sixty-seven percent) with the possibility of payment in 48 installments.

As a result, the company can regularize its situation with the Federal Tax Authorities, settle its tax debts, and adjust the installments due to its cash flow.