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INCOME TAX AND SOCIAL CONTRIBUTION (Tables)
 12 Months Ended
Dec. 31, 2022
Income Tax And Social Contribution  
Schedule of Income taxes
     
  2022 2021 2020
Income tax expense – current  (1,718.9)  (1,268.6)  (1,048.9)
 
Deferred tax expense on temporary differences  1,012.6   1,072.9   (1,576.0)
Deferred tax on tax loss carryforward movements in the current period  1,361.9   (440.9)  862.4 
Total deferred tax (expense)/income  2,374.5   632.0   (713.6)
       
Total income tax expenses  655.6   (636.6)  (1,762.5)
Schedule of reconciliation between the weighted nominal tax rate and the effective tax rate
     
  2022 2021 2020
Profit before tax  14,235.6   13,759.2   13,494.4 
Adjustment on a taxable basis      
Others non-taxable income  (883.3)  (611.0)  (6.2)
Government grants related to sales taxes   (2,535.1)  (1,883.1)  (1,597.8)
Share of results of joint ventures  29.1   115.7   43.3 
Non-deductible expenses  192.8   99.2   119.6 
Worldwide taxation  679.3   (360.0)  48.2 
   11,718.4   11,120.0   12,101.5 
Aggregated weighted nominal tax rate 29.47% 27.39% 30.26%
Taxes payable – nominal rate   (3,453.3)  (3,045.3)  (3,662.1)
Adjustment on tax expense      
Income tax Incentives  234.0   213.2   123.2 
Deductible interest on shareholders’ equity  4,079.9   2,516.0   2,213.2 
Tax savings from goodwill amortization  27.2   77.5   77.5 
Withholding income tax  (164.5)  (876.0)  (628.2)
Recognition/(write-off) of deferred charges on tax losses  (58.2)  (1.5)  123.2 
Effect of application of IAS 29 (hyperinflation)  (249.0)  (123.3)  (50.5)
Others with reduced taxation  239.5   602.8   41.2 
Income tax and social contribution expense  655.6   (636.6)  (1,762.5)
Effective tax rate -4.61% 4.63% 13.06%