Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 232

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 19
Chunk 232
---
972)         ( 71,631)  
                                                                                                 6,066,347      ( 3,890,835)      ( 5,260,694)  
  Income tax                                                                                                                                    
  Current                                                                                       ( 999,421)        ( 352,577)        ( 464,312)  
  Deferred                                                                                       5,482,647      ( 2,561,991)      ( 3,485,267)  
                                                                                                 4,483,226      ( 2,914,568)      ( 3,949,579)  
  Social Contribution                                                                                                                           
  Current                                                                                       ( 366,178)         ( 42,815)         ( 46,584)  
  Deferred                                                                                       1,949,299        ( 933,452)      ( 1,264,531)  
                                                                                                 1,583,121        ( 976,267)      ( 1,311,115)  
  Income and social contribution benefits (expenses) on the year                                 6,066,347      ( 3,890,835)      ( 5,260,694)  

(1) The difference in the taxation of subsidiaries is substantially due to the differences between the nominal tax rates in Brazil and those of subsidiaries located abroad.

(2) The Brazilian thin capitalization rules establish that interest paid or credited by a Brazilian entity to a related party abroad may only be deducted for income tax and social contribution purposes if the interest expense is viewed as necessary for the activities of the local entity, and when certain limits and requirements are met. On December 31, 2024, all limits and requirements were met, and on December 31, 2023 and 2022, the Company did not meet all of the limits and requirements, and therefore the expense is not deductible for the period.

(3) Income tax and social contribution deduction on profit or loss referring to the use of tax incentives: (i) exploitation profits, (ii) expenses with research and development, (iii) PAT benefits ("Worker Food Program"), (iv) donations made in cultural projects, (v) children and adolescents rights funds, (vi) sports incentives, (vii) funds for the elderly and (viii) extensions to maternity and paternity leave.

12.3 Tax incentives

The Company benefits from a tax incentive for partial reduction of the income tax obtained from operations carried out in areas under the jurisdiction of the Northeast Development