Supreme Federal Court Suspends Labor Proceedings Involving Economic Groups
By: Rafael Mello and Israel Cruz Minister Dias Toffoli, of the Federal Supreme Court (STF), decided to suspend the progress of all proceedings that deal with the inclusion of companies from the same economic group, in the execution phase of the labor conviction, that did not participate in the evidence production and judgment phase. This decision was […]
BACEN AND CMN publish new rules on data sharing BACEN AND CMN
By: Moema Giovanella Published on May 23, 2023 by the Central Bank of Brazil – BACEN and the National Monetary Council – CMN, Joint Resolution 6/23 establishes new procedures for sharing data related to evidence of fraud by financial institutions, payment institutions and other institutions authorized by Bacen to operate among themselves. The […]
STJ decides that ICMS forms the basis for calculating IRPJ and CSLL under the presumed profit regime.
On May 10, 2023, the 1st Section of the Superior Court of Justice (STJ), decided in the trial of Theme No. 1,008 of Repetitive Appeals, that ICMS composes the calculation basis for IRPJ and CSLL, when determined by the presumed profit system. The trial that had begun on May 26 […]
Government creates committee to develop rules for issuing public debt securities.
By: Moema Giovanella Decree No. 11,532/2023, published on the 17th, established the Sovereign Sustainable Finance Committee, which will be responsible for preparing the framework for issuing public securities of the Federal Public Debt, allowing the Government to advance in the issuance on the international market, via bonds, of public securities linked to good ESG practices […]
STF maintains suspension of decisions that reduce the PIS and COFINS rates on financial income.
The Supreme Federal Court (“STF”), in the judgment of Direct Constitutionality Action No. 84, maintained the suspension of decisions that reduced the PIS and COFINS rates on financial income. The matter began to be judged on March 27, 2023, but had been suspended by a request for review by the Minister […]
MP nº 1.171/2023 – Tax impacts on investments abroad
On April 30, 2023, Provisional Measure (“MP”) No. 1,171/2023 was published, which brought relevant changes to the legislation on income tax, especially on the taxation of income earned by individuals resident in the country in financial investments abroad, companies controlled abroad held by individuals and, in a […]
Avaí's Request for Judicial Recovery
By: Vitor Ferrari and Ivan Kubala The biggest football team in the state of Santa Catarina, Avaí Futebol Clube, has been facing a complicated situation regarding its accounts for years: the club's debts and indebtedness are extremely high. As a result, the club filed for judicial recovery in 2023, the year of its centenary, […]
Main differences between Bonds and CRAs
By: Vitor Ferrai and Ivan Kubala Bonds and CRAs (Agribusiness Receivables Certificates) are types of fixed income investments that have some important differences between them. The category of securities called Bonds encompasses several types of securities with similar functions: debt securities issued by companies, governments or financial institutions with […]
Podcast: Labor relations on digital platforms
The latest episode of IPCoffee Talks, a podcast about intellectual property, entertainment and advertising, featured lawyer Rafael Mello. The topic? Labor relations on digital platforms. Mello, a partner at Mazzucco & Mello Sociedade de Advogados, is a specialist in Labor Law and Procedure from Universidade Presbiteriana Mackenzie and in Business Law from […]
Reverse Auction in Judicial Recovery
By: Vitor Ferrari and Ivan Kubala It is common knowledge that asset auctions are possible in judicial recovery processes. This is often the main strategy of the company under recovery to raise the amounts needed to pay off the debts, especially in cases where the company’s cash flow is deficient and there is no […]