Companhia Paranaense de Energia COPEL: IR 16/22 – Law 14.385 of 2022 approved




CNPJ/ME 76.483.817/0001-20 – Companies Registry (NIRE)

41300036535 – CVM Registration




Law 14,385 of 2022 approved

COPEL (“Company”), a company that produces, transports, distributes and trades energy, communicates today to its shareholders and to the market in general the approval of Law 14.385, of June 27, 2022, which modifies the Law 9.427, of December 26, 1996, and deals with the reimbursement of taxes overpaid by consumers, such as those resulting from the exclusion of ICMS from the PIS and COFINS tax base.

The Company continues to assess changes to said law, its future regulations and the impacts relating to accounting, tax, legal and regulatory aspects.


In accordance with note 13.2.1 of the financial statements for the year ended December 31, 2021, Copel Distribuição SA (“Copel DIS”), an organization controlled by the Company, applied for an order of mandamus in 2009 before the 3rd Federal Court of Curitiba, seeking the issuance of a court order authorizing it to no longer include ICMS in the PIS and COFINS tax base.

The decision – in which the 2nd Chamber of the Federal Regional Court of the 4th Region recognized the right of COPEL DIS to exclude the total amount of ICMS highlighted in the outgoing invoices from the PIS and COFINS tax base – is which became final and without appeal on June 16, 2020. The decision also set a deadline, i.e. every five years, for Copel DIS to be able to claim reimbursement of the sums paid from the five-year period preceding the request for summons in justice until the date of the final judgment and decision without appeal.

On July 2, 2020, the Company disclosed Material Fact – 05/20 communicating the start of the Copel DIS tax credit activation procedure before the Brazilian Federal Tax Administration referring to the exclusion of the ICMS of the PIS and COFINS tax base.

Finally, on May 13, 2021, the Federal Supreme Court (“STF”) concluded the judgment on the motions for clarification filed by the federal government in the extraordinary appeal 574.706/PR, related to the theme, with the following terms: (i) with respect to the ICMS excluded from the PIS/COFINS tax base, the Court understands that the highlighted ICMS is the prevailing one; and (ii) modulate the effects of the judgment, which will not take effect until after March 15, 2017, except for legal and administrative proceedings filed up to the date of the hearing rendering the judgment.

Curitiba, June 28, 2022.

Ana Leticia Feller

Chief Corporate Management Officer acting as Chief Financial and Investor Relations Officer

For more information, please contact the Investor Relations team:

[email protected] or +55 (41) 3331-4011

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