Federal Government submits tax reform proposal to National Congress
By Mariana Martins – 07/22/2020 After great expectation from the legal and business community, the Federal Government sent its tax reform proposal to the National Congress yesterday (07/21/2020), embodied in Bill No. 3887/2020, which will be processed urgently and which aims, among other issues, to create the so-called Contribution on Goods and Services (CBS), […]
Diversity and Inclusion: a compliance issue
By Christian F. Rosa and Beatriz Wehby – 07/21/2020 The topic of diversity has gained widespread attention. It is necessary to give visibility to the struggles of minorities and vulnerable groups who, in a Democracy, must have their rights ensured in an equitable manner. In article 3 of the Brazilian Constitution of 1988, we declare as a fundamental objective of the Republic the […]
Senate approves negotiation through tax transaction for Simples Nacional debts
By Mariana Martins – 07/17/2020 The Complementary Bill (PLP) 9/2020 was approved by the Senate this week (07/14/2020) in a remote deliberative session, which allows companies that have opted for the Simples Nacional to negotiate their debts through tax transactions. The PLP aims to regulate art. 5, item II, item a of Law No. 13,988/2020 […]
Ensuring diversity as a guiding element of the General Data Protection Law
By Leonardo Neri and Bárbara Oliveira – 07/13/2020 In times of tireless struggles to guarantee respect for diversity, it is essential that new legislation, of any nature, is based on the defense of minority rights, providing legal support to combat discrimination. Regulation (EU) 2016/679 of the European Parliament and of the Council of […]
Establishment of a Regulatory Sandbox Committee
By André Jerusalmy – 0707/2020 On June 29, the Brazilian Securities and Exchange Commission (“CVM”) published Ordinance CVM/PTE/Nº 75, which established and regulated the composition and operation of the Sandbox Committee (“CDS”), which was divided into strategic and operational groups. In general terms, the groups are responsible for defining: terms of the […]
MP 936/2020 is sanctioned by the president and converted into Law 14.020/2020
By Rafael Mello and Israel Carneiro Cruz – 07/07/2020 On 06/07/2020, the President of the Republic sanctioned law 14.020/2020, which institutes the “Emergency Program for the Maintenance of Employment and Income” due to the conversion of Provisional Measure 93/2020 (MP 936/2020). As is known, MP 936/2020, now converted into law 14.020/2020, promoted changes […]
BNDES Makes Additional R$1.4T5 Billion Available for Financing Micro, Small and Medium-Sized Enterprises
By André Jerusalmy – 07/07/2020 On July 3, the National Bank for Economic and Social Development (“BNDES”) increased by an additional R$1.4 billion the amount available in its working capital loan line for micro, small and medium-sized companies. These amounts were already included in the initial plan to deal with the […]
Normative Instruction establishes the simplification of the Public Registry of Companies
By Marcos Francisco Vilas Bôas Buzo and Fernanda Lazzarini – 07/02/2020 On June 15, Normative Instruction No. 81, of June 10, 2020 (“IN 81”), of the National Department of Business Registration and Integration (“DREI”), was published in the Official Gazette of the Union, revising the guidelines on the regulation of business registration, […]
Bill No. 2,630/2020, which deals with fake news, was approved in the Senate
By Leonardo Neri and Barbara Oliveira – 07/01/2020 Yesterday, June 30, the Senate approved Bill No. 2,630/2020, authored by Senator Alessandro Vieira (CIDADANIA/SE), in the form of a substitute text, which institutes the Brazilian Law of Freedom, Responsibility and Transparency on the Internet, also called the Fake News Bill. Bill 2,630/2020 […]
The advantages of asset disposal through Isolated Production Units as a means of Judicial Recovery
By Vitor Antony Ferrari and Ivan Kubala – 06/30/2020 The Judicial Recovery Law provides numerous legitimate means for companies that resort to this tool to restructure themselves, preserving their activities and aiming to resume their growth in order to overcome the momentary economic and financial crisis in which they find themselves. Not […]