End of the casting vote: CARF authorizes PIS and COFINS credits on port expenses

The 3rd Panel of the Superior Chamber of the Administrative Council of Tax Appeals (“CARF”) allowed a taxpayer operating in foreign trade to credit PIS and COFINS on port expenses (judgment no. 9303-011.412). The vote of Councilor Vanessa Marini Cecconello prevailed, who, using the criteria of relevance and essentiality established by the Superior Court of Justice (“STJ”) […]

Congress extends by 60 days the validity of MP 1,045, which instituted a new emergency program to protect employment and income and complementary measures to combat Covid

By: Rafael Mello and Israel Cruz On April 28, 2021, Provisional Measure 1,045 of 2021 (“MP 1045/21”) was published, which provides “Institutes the New Emergency Program for the Maintenance of Employment and Income and provides for complementary measures to address the consequences of the public health emergency of international importance resulting from the coronavirus (covid-19) in […]

Municipal Autonomy and Urban Development

By: Leonardo Neri Article 18[1] of the Federal Constitution establishes that the political-administrative organization of the Republic comprises the Union, States, Municipalities, and the Federal District, all of which are autonomous, with no hierarchy among the federative entities. In other words, they all have clear and distinct rules of jurisdiction, established by the Constitution. In this sense, the Constitutional jurisprudence of […]

New installment program is approved by the City of São Paulo

At the end of May, the City of São Paulo approved Law No. 17,577/2021, which established the 2021 Installment Payment Program (PPI 2021). The new program will allow São Paulo taxpayers to settle their debts with the municipality, both tax and non-tax, making it possible to obtain significant discounts […]

Congress overturns vetoes and maintains FIAGRO benefits

In a session held on June 1, the National Congress overturned important presidential vetoes to Bill No. 5191/2020, approved and converted into Law No. 14,130/2021, which established the Agroindustrial Chain Investment Funds (“FIAGRO”). FIAGRO will be used to invest in assets linked to the agribusiness sector, such as rural properties, […]

PGFN publishes guidelines on the exclusion of ICMS from the PIS/COFINS base

After the judgment of the declarations of embargo concluded on May 13, 2021, the National Treasury Attorney General's Office (“PGFN”) issued Opinion SEI No. 7698/2021/ME, indicating the procedures that must be observed by the Brazilian Federal Revenue Service (“RFB”) to comply with the thesis established in RE 574,706, which determined the exclusion of ICMS (highlighted on the invoice) from the tax base […]

Legal Framework for Startups is taken to the Presidency

By: André Jerusalmy and Fernanda Lazzarini Although approved by the Chamber of Deputies on December 14, 2020, Complementary Bill No. 249/2020 (“PLP 249/20”), also known as the “Legal Framework for Startups”, was considered impaired due to the approval of the Plenary’s Global Substitute Amendment to Complementary Bill No. 146/2019 […]