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INCOME AND SOCIAL CONTRIBUTION TAXES - Reconciliation of effects of income tax and social contribution on profit or loss (Details) - BRL (R$)
R$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Reconciliation of the effects of income tax and social contribution on profit or loss    
Loss before taxes R$ (24,236,648) R$ (789,205)
Income tax and social contribution benefit (expense) at statutory nominal rate of 34% R$ 8,240,460 R$ 268,330
Tax rate 34.00% 34.00%
Tax effect on permanent differences    
Taxation (difference) on profit of wholly-owned subsidiaries abroad R$ 746,640 R$ 21,301
Tax incentive - Reduction SUDENE   23,216
Equity method (1,004) (1,893)
Thin capitalisation (252,808) (50,437)
Credit related to Reintegrate Program 3,367 2,988
Tax incentives applicable to income tax 3,925 3,247
Director bonus (5,508) (42,682)
Donations / Fines - Other 29,997 35,851
Income and social contribution benefits (expenses) on the period 8,765,069 259,921
Income tax    
Current (57,006) (113,570)
Deferred 6,486,044 299,726
Total income Tax 6,429,038 186,156
Social Contribution    
Current (823) (78,008)
Deferred 2,336,854 151,773
Total Social Contribution 2,336,031 73,765
Income and social contribution benefits (expenses) on the period R$ 8,765,069 R$ 259,921
Effective rate of income and social contribution tax expenses 36.16% 32.93%