Advocacy
STF extended payroll tax relief until September
Last Tuesday (16/07), the STF granted an extension of the deadline for the Legislative and Executive branches to agree on which measures will be adopted for financial compensation in view of the possible loss of revenue in the event of maintaining the payroll tax exemption until 2027 for seventeen sectors of the economy and the social security contribution rate […]
Update of Recursal Deposit Values: TST Publishes New Table Effective from August 2024
The Superior Labor Court (TST) released the new table with the updated values of appeal deposits, which will come into effect from August 1, 2024. This update is based on the accumulated variation of the INPC/IBGE in the period from July 2023 to June 2024. With the changes, the deposit limit […]
Chamber approved bill regulating tax reform
Last Wednesday (July 10), the Chamber of Deputies approved Complementary Bill No. 68/24 (“PLP 68/2024”), which regulates the Tax Reform. The bill will now be sent to the Federal Senate for analysis and voting. The Tax Reform, as per the approved bill, will change several aspects of the country’s tax scenario, including the […]
JUCESP authorizes non-resident foreigner to manage company in Brazil
At the end of last year, JUCESP authorized the registration of non-resident foreigners to manage companies in Brazil. Although there has been legal provision since 2021 by Law 14,195, there is still some resistance to the appointment of these people as administrators, given the lack of updating of registration systems and the lack of knowledge of the process before […]
In an interview with Estadão, our partner in the tax area comments on changes in taxes and what to expect in the coming years
Last Saturday, July 6th, partner André Martins gave an interview to the newspaper ESTADÃO, addressing the expected impacts on companies as a result of the tax reform. André emphasized immediate precautions, such as reviewing long-term contracts, as one of the measures that companies have been adopting to neutralize the impacts of the reform. To […]
STF will resume trial on the exclusion of ISS from the PIS and COFINS calculation basis
The Brazilian Supreme Federal Court (STF) has scheduled for August 28, 2024, the in-person trial of Theme No. 118 of General Repercussion, which discusses the exclusion of ISS from the calculation basis of the contribution destined to the Social Integration Program (PIS) and the Contribution for the Financing of Social Security (COFINS). This thesis, […]
Federal Revenue regulates DIRBI, an additional obligation for companies with tax benefits
On June 17, 2024, the Federal Revenue Service, through Normative Instruction (IN) No. 2,198/2024, regulated the Declaration of Incentives, Waivers, Benefits and Immunities of a Tax Nature (Dirbi), which consists of an accessory obligation established by art. 2 of Provisional Measure No. 1,227/2024 to gather information on federal taxes that were not […]
1st Panel of the STJ decides that expenses with bank correspondents are part of the PIS/COFINS basis
Last week, the 1st Panel of the Superior Court of Justice, in the judgment of AREsp No. 2.001.082, established that expenses incurred by financial institutions with banking correspondents should be included in the calculation basis for PIS and COFINS. Regarding the context of the discussion, taxpayers claim that expenses with the hiring of banking correspondents […]
STF defines modulation of effects of the third vacation
Last Wednesday, 06/12/2024, the Federal Supreme Court (“STF”) determined that the incidence of social security contributions on the constitutional third of vacations will only occur after the date of publication of the minutes of the judgment on the merits of the discussion, which occurred on 09/15/2020, except for contributions already paid and not challenged in court until said date, which […]