Assaí denies improper payments in ICMS-ST tax reimbursement services case

• Sendas Distribuidora (Assaí) issued a market clarification on news involving its tax service providers.
• Engaged ButtiniMoraes, BM TAX for ICMS-ST reimbursement calculations; fee set at 6% of reimbursed amounts.
• ICMS-ST reimbursements described as a legal right, not a tax incentive; claims tied to the company’s own operations.
• Stated payments were contractual, documented, bank-transferred; no payments to public officials or authorization of undue advantages.
• Reported a 2025 information request from São Paulo’s tax authority; no current notification or investigative action tied to the reported operation.

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