Brazil STJ ruling grants PIS/Cofins credits on soybean purchases for agroindustry

Brazil's Superior Court of Justice (STJ) ruled in REsp 2.165.276/RS that agroindustries can take ordinary PIS and Cofins credits on soybean purchases made under tax suspension, even when the supplier did not collect the contributions. The case involves biodiesel production and sets a precedent that could reduce tax burdens for agroindustries, though its broader application remains uncertain.