XML 25 R17.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Taxes | 6 Months Ended
--- | ---
Jun. 30, 2022
Taxes |
Taxes |
| 11. | Taxes
| 11.1. | Income taxes
Summary of Income Taxes
| Current assets | Current liabilities | Non-current liabilities
| 06.30.2022 | 12.31.2021 | 06.30.2022 | 12.31.2021 | 06.30.2022 | 12.31.2021
Taxes in Brazil |  |  |  |  |  |
Income taxes | 140 | 133 | 1,583 | 682 | - | -
Income taxes - Tax settlement programs | - | - | 47 | 43 | 310 | 300
| 140 | 133 | 1,630 | 725 | 310 | 300
Taxes abroad | 2 | 30 | 292 | 8 | - | -
Total | 142 | 163 | 1,922 | 733 | 310 | 300
Reconciliation between statutory income tax rate and effective income tax rate The following table provides the reconciliation of Brazilian statutory tax rate to the Company’s effective rate on income before income taxes: Summary of Outstanding Amount of Settlement Year
| Jan-Jun/2022 | Jan-Jun/2021 | Apr-Jun/2022 | Apr-Jun/2021
Net income before income taxes | 29,564 | 12,459 | 16,350 | 11,940
Nominal income taxes computed based on Brazilian statutory corporate tax rates (34%) | (10,051) | (4,236) | (5,559) | (4,060)
Adjustments to arrive at the effective tax rate: |  |  |  |
Tax benefits from the deduction of interest on capital distribution | 383 | - | 383 | -
Different jurisdictional tax rates for companies abroad | 394 | (70) | 203 | (93)
Brazilian income taxes on income of companies incorporated outside Brazil (*) | (628) | (199) | (329) | 6
Tax loss carryforwards (unrecognized tax losses) | (1) | (21) | (10) | 9
Non-taxable income (non-deductible expenses), net (**) | 68 | 234 | 44 | 195
Post-employment benefits | (186) | (90) | (44) | (46)
Results of equity-accounted investments in Brazil and abroad | 120 | 279 | (3) | 205
Others | 26 | - | 6 | -
Income taxes | (9,875) | (4,103) | (5,309) | (3,784)
Deferred income taxes | (1,989) | (3,883) | (28) | (3,683)
Current income taxes | (7,886) | (220) | (5,281) | (101)
Effective tax rate of income taxes | 33.4% | 32.9% | 32.5% | 31.7%
(*) It relates to Brazilian income taxes on earnings of offshore investees, as established by Law No. 12,973/2014.
(**) It includes provisions for legal proceedings.
Deferred income taxes - non-current The composition of deferred tax assets and liabilities is set out in the following table: Summary of composition of deferred tax assets and liabilities
Nature | Realization basis | 06.30.2022 | 12.31.2021
PP&E - Exploration and decommissioning costs | Depreciation, amortization and write-offs of assets | (781) | (1,362)
PP&E - Impairment | Amortization, impairment reversals and write-offs of assets | 4,643 | 4,382
PP&E - depreciation methods and capitalized borrowing costs | Depreciation, amortization and write-offs of assets | (15,461) | (12,924)
Loans, trade and other receivables / payables and financing | Payments, receipts and considerations | 1,418 | 3,490
Lease liabilities | Appropriation of the considerations | 589 | 1,244
Provision for legal proceedings | Payments and use of provisions | 757 | 605
Tax loss carryforwards | 30% of taxable income compensation | 643 | 1,827
Inventories | Sales, write-downs and losses | 340 | 228
Employee Benefits | Payments and use of provisions | 1,216 | 1,250
Others |  | 289 | 635
Total |  | (6,347) | (625)
Deferred tax assets |  | 548 | 604
Deferred tax liabilities (*) |  | (6,895) | (1,229)
(*) Changes in deferred tax liabilities are mainly due to the offsetting of the tax losses carryforwards and negative basis of CSLL, and to the use of the benefit of accelerated tax depreciation.
The changes in the deferred income taxes are presented as follows: Summary of the Changes in the Deferred Income Taxes
| Jan-Jun/2022 | Jan-Jun/2021
Opening Balance | (625) | 6,256
Recognized in the statement of income for the period | (1,989) | (3,883)
Recognized in shareholders’ equity | (2,571) | (2,202)
Cumulative translation adjustment | (29) | (58)
Use of tax loss carryforwards | (1,137) | -
Others | 4 | 2
Closing balance | (6,347) | 115
| 11.2. | Other taxes
Summary of Other Taxes
| Current assets | Non-current assets | Current liabilities | Non-current liabilities (*)
| 06.30.2022 | 12.31.2021 | 06.30.2022 | 12.31.2021 | 06.30.2022 | 12.31.2021 | 06.30.2022 | 12.31.2021
Taxes in Brazil |  |  |  |  |  |  |  |
Current / Non-current ICMS (VAT) | 714 | 665 | 388 | 379 | 752 | 995 | - | -
Current / Non-current PIS and COFINS (**) | 322 | 418 | 2,339 | 2,030 | 295 | 499 | 66 | 45
Claim to recover PIS and COFINS | - | - | 643 | 594 | - | - | - | -
CIDE | 1 | 6 | - | - | 26 | 42 | - | -
Production taxes | - | - | - | - | 2,462 | 2,147 | 22 | 21
Withholding income taxes | - | - | - | - | 56 | 86 | - | -
Tax Settlement Program | - | - | - | - | 50 | 67 | 7 | 6
Others | 41 | 48 | 269 | 249 | 111 | 142 | 80 | 70
Total in Brazil | 1,078 | 1,137 | 3,639 | 3,252 | 3,752 | 3,978 | 175 | 142
Taxes abroad | 54 | 46 | 9 | 9 | 32 | 23 | - | -
Total | 1,132 | 1,183 | 3,648 | 3,261 | 3,784 | 4,001 | 175 | 142
(*) Other non-current taxes are classified as other non-current liabilities.
(**) It includes US$ 75 (US$ 104 as of December 31, 2021) related to exclusion of ICMS (VAT tax) in the basis of calculation of sales taxes PIS and COFINS (contributions for the social security).
Claim to recover PIS and COFINS The Company filed four civil lawsuits, in the Regional Federal Court of the Second Region, against the Brazilian Federal Government, claiming to recover PIS and COFINS paid over finance income and foreign exchange variation gains, from February 1999 to January 2004. The court granted to the Company, in all the lawsuits, the definitive right to recover those taxes. Two lawsuits have resulted in judicialized debts (precatórios) in the amounts claimed by the Company. Regarding the two remaining cases, both had rulings by the court favorable to the Company and, in one of them, the Brazilian Federal Government has already expressed its agreement. As of June 30, 2022, the Company had non-current receivables of US$ 643 (US$ 594 as of December 31, 2021) related to PIS and COFINS, which are indexed to inflation.

X
- Definition The element represents disclosure of detaild information about taxes explanatory. + References No definition available. + Details
Name: | pbr_DisclosureOfDetaildInformationAboutTaxesExplanatory
Namespace Prefix: | pbr_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | pbr_TaxesAbstract
Namespace Prefix: | pbr_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration