STF will be able to define the ISS in the PIS and COFINS calculation base
Due to the cancellation of the request for a highlight made by Minister Min. Luiz Fux on May 23, 2024, General Repercussion Theme No. 118, which deals with the incidence of ISS in the calculation basis of PIS and COFINS, may once again be scheduled by the STF plenary for virtual judgment. The judgment of […]
Companies must register with the Electronic Judicial Domicile by May 30th to avoid penalties
The deadline for large and medium-sized Brazilian companies to voluntarily register with the Electronic Judicial Domicile, a tool of the Justice 4.0 Program that centralizes procedural communications from all Brazilian courts on a single digital platform, ends on May 30. After this date, registration will be mandatory, using data from the Federal Revenue Service, […]
Senate approves changes to the SAFS Law
New Bill No. 2,978/2023, approved last Wednesday (05/15), to improve the governance of Football Corporations – SAFs Approved last Wednesday (05/15) by the Senate, Bill No. 2,978/2023 – PL 2,978/2023 aims to reform the governance of Football Corporations (SAFs), with the objective of protecting investors […]
STF will be able to define the ISS in the PIS and COFINS calculation base
Due to the cancellation of the request for a highlight made by Minister Min. Luiz Fux on May 23, 2024, General Repercussion Theme No. 118, which deals with the incidence of ISS in the calculation basis of PIS and COFINS, may once again be scheduled by the STF plenary for virtual judgment. The judgment of […]
Law No. 14,801/2023 was enacted, creating Infrastructure Debentures
By Moema Giovanella This Wednesday (10) the Executive Government sanctioned, without vetoes, the new Law No. 14,801/2023, which creates Infrastructure Debentures. Despite differing from Incentivized Debentures, which grant benefits to the purchasers of the securities, the new instrument does not eliminate them. According to the new device, special purpose companies, concessionaires, […]
Exclusion of the Presumed IPI Credit from the PIS/COFINS base
In another important trial on tax issues that took place in December 2023, the Plenary of the Federal Supreme Court (“STF”), when analyzing General Repercussion Theme No. 504, understood that the Presumed IPI Credit, arising from the acquisition of inputs for the manufacture of products destined for export, must be excluded from the base […]
MP reinstates payroll, revokes Perse benefits and limits compensation
The Federal Government, in yet another attempt to increase revenue, published Provisional Measure (“MP”) No. 1,202/2023, which considerably increases the taxation borne by taxpayers through the re-taxation of payroll taxes, the revocation of benefits from the Emergency Program for the Resumption of the Events Sector (“Perse”) and the limitation of the offset of credits arising from […]
The intersection of Privacy and Generative AI
By Leonardo Neri One of the most popular panels at AI Governance Global 2023 was: “Can Generative AI Survive the GDPR?”. The discussion with panelists from academia, regulators (EDPS – European Data Protection Authority, among others) and industry, raised more questions than answers, in fact no one knew how to reconcile the challenges of […]
STF allows termination of small value tax foreclosure
Last Wednesday, the Plenary of the Federal Supreme Court (“STF”), when judging the General Repercussion Theme No. 1,184, decided that Tax Executions of low value can be extinguished, if so desired by the Federated Entity (Union, States or Municipalities) that understands the lack of interest in acting or continuing with such small Executions […]
Tax Reform is enacted
Last week, on a historic day (December 20, 2023), after 40 years of discussion (and waiting), Constitutional Amendment No. 132, the Tax Reform, was enacted. It will bring profound changes to the current tax system, specifically regarding consumption taxation. The solution envisaged by the Reform consists, in short, of converting/unifying five existing taxes in our […]