Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 51

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 51
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 on financial investments and the use of Corporate Income
Tax and Social Contribution tax credits.

The balance of current liabilities increased mainly due to:
(i) the return of advances of Corporate Income Tax (CIT) by the Dutch tax authorities, which was presented net in the subsidiary's liabilities;
(ii) the provision for Corporate Alternative Minimum Tax (CAMT) in a subsidiary headquartered in the United States; and (iii) the addition
of income abroad and transfer price in December 2024, offset by the tax benefit on the distribution of interest on capital.

Reconciliation between statutory tax rate
and effective tax expense rate

The reconciliation of taxes calculated according
to nominal rates and the amount of registered taxes are shown below:

|                                                                                                                                                                                                                                                                                                                                                                                                                                |         | Consolidated |         | Parent Company |
|                                                                                                                                                                                                                                                                                                                                                                                                                                |    2024 |         2023 |    2024 |           2023 |
| Net income before income taxes                                                                                                                                                                                                                                                                                                                                                                                                 |  54,730 |      177,481 |  49,658 |        172,969 |
| Nominal income taxes computed based on Brazilian statutory corporate tax rates (34%)                                                                                                                                                                                                                                                                                                                                           | -18,608 |      -60,344 | -16,884 |        -58,810 |
| Adjustments to arrive at the effective tax rate:                                                                                                                                                                                                                                                                                                                                                                               |         |              |         |                |
| Tax benefits from the deduction of interest on capital distributions                                                                                                                                                                                                                                                                                                                                                           |   7,373 |        6,481 |   7,373 |          6,481 |
| Different jurisdictional tax rates for companies abroad                                                                                                                                                                                                                                                                                                                                                                        |   5,140 |        2,977 |       − |              − |
| Brazilian income taxes on income of companies incorporated outside Brazil (1)                                                                                                                                                                                                                                                                                                                                                  |  -2,902 |       -2,685 |  -2,902 |         -2,685 |
| Tax incentives                                                                                                                                                                                                                                                                                                                                                                                                                 |     591 |        1,489 |     590 |          1,488 |
| Effects of the global minimum tax – Pillar II                                                                                                                                                                                                                                                                                                                                                                                  |    -551 |            − |       − |              − |
| Internal transfer prices adjustments for operations between related parties abroad (2)                                                                                                                                                                                                                                                                                                                                         |    -560 |            − |    -560 |              − |
| Tax loss carryforwards (unrecognized tax losses) (3)                                                                                                                                                                                                                                                                                                                                                                           |     476