STF schedules ICMS-Difal trial for November 22nd
O Supremo Tribunal Federal pautou para julgamento no próximo dia 22 de novembro as Ações Diretas de Inconstitucionalidade (ADIs) nº 7.066, 7.070 e 7.078, que discutem e questionam parte da Lei Complementar nº 190/2022, que altera a Lei Kandir (LC 87/1996) para regulamentar a cobrança do Diferencial de Alíquota do ICMS nas operações e prestações […]
What is transnational insolvency and how is it regulated
By Vitor Antony Ferrari and Ivan Kubala* It is very common for large companies to have headquarters and assets in several countries, marketing their products and services all over the world. However, the internationalization of companies became a problem when, hit by financial crises, they filed for bankruptcy or judicial recovery. The big question was what […]
The IRS and the new Transfer Pricing Rules
Tratando de regulamentar as previsões da Lei n° 14.596/2023, esta publicada em abril deste ano, a Receita Federal (RFB) publicou a Instrução Normativa n° 2.161/2023, que dispõe sobre as normas de Preços de Transferência aplicáveis às operações entre partes domiciliadas no Brasil e suas relacionadas no exterior. Ambos os regramentos advêm de iniciativas do Governo […]
CVM Circular Letter on Receivables Tokens
By Moema Giovanella The result of extensive debate by the Securitization Superintendence – SSE of the Securities and Exchange Commission – CVM with the market after the first publication on the subject, Circular Letter CVM/SSE 4/2023 (OC 4/23), together with Circular Letter CVM/SSE 6/2023 (OC 6/23), published on 07/05/2023, aims to publicize […]
Changes to the new Code of Best Corporate Governance Practices
By Fernanda Lazzarini* The 6th edition of the Brazilian Institute of Corporate Governance (IBGC) Code of Best Corporate Governance Practices aims to contribute to the sustainable development and transparency of organizations by encouraging the conscious and effective use of corporate governance instruments. The document includes five principles: […]
Limits on compensation for moral damages are parameters, not ceilings
By Rafael Mello and Israel Cruz The Brazilian Supreme Court (STF), in which the majority of ministers determined that labor compensation for moral damages may exceed the limit established in the Consolidation of Labor Laws (CLT). The prevailing interpretation was that the amounts determined by the legislation serve as a guide, and not […]
Launch of PAC Selections
By Moema Giovanella* On August 11, the federal government presented and published in the Official Gazette of the Union the third Growth Acceleration Program – PAC, established by Decree 11.632/23, aiming at economic growth in Brazil through the incentive of private investments and increased public investments in the infrastructure sector. The investments […]
'Resolve Já' program is approved by Alesp
Na última quarta-feira (27/09), a Assembleia Legislativa do Estado de São Paulo (Alesp) aprovou o Projeto de Lei (PL) n° 1.246/2023, regramento que visa à instituição do programa denominado como “Resolve Já”, iniciativa da SEFAZ-SP com objetivo de trazer melhores condições para a negociação de débitos de ICMS entre o Fisco bandeirante e Contribuinte do […]
E-Social: Labor Processes must be reported in the system from October
By Rafael Mello and Israel Cruz As of October 1, 2023, social security and social contributions resulting from convictions or approvals issued by the Labor Court must be recorded in eSocial and confessed in DCTFWeb – Labor Complaints. It is worth mentioning that this date was confirmed by the Brazilian Federal Revenue Service (RFB) […]
Approval of Bill 2.646/20 by the Senate
By Moema Giovanella On September 19, 2023, the Federal Senate approved Bill 2.646/20 (“PL 2.646/20”), which establishes tax benefits for infrastructure projects in the country, through infrastructure debentures, proposing changes to the current regulation of incentivized debentures. The text, from the Chamber of Deputies, […]