GOLAZONEWSCorinthians pays R$ 8 million to settle partial tax arrears
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- Corinthians deposited over R$ 8 million to cover overdue tax installments.
- The club had been in default on its agreement with the PGFN for four months.
- Non-social security debts totaling R$ 19.3 million remain outstanding since June.
Corinthians has deposited slightly more than R$ 8 million into federal government coffers to settle a portion of the overdue installments related to their agreement with the Procuradoria-Geral da Fazenda Nacional (PGFN). The club had been in default for four months and is currently working to regularize its outstanding payments.
The club's management confirmed that the payment was applied specifically to social security debts owed to the PGFN. Meanwhile, non-social security obligations, which amount to R$ 19,318,464.72, remain unpaid and have been in arrears since June.