Thales M. Stucky joined the Firm in 2004 and became partner in 2015. He integrates the Tax Planning & Controversies practice group, with focus on tax litigation (judicial and administrative), as well as tax consulting in general for Brazilian and foreign companies. Thales has a wide breadth of experience in the tax issues related to the automotive and IT industries.
He has worked in the Chicago office of Baker & McKenzie as foreign associate as part of the North American Tax Practice Group, occasion in which Thales was involved in a series of projects assisting US companies investing in Brazil, especially on dealing with repatriation strategies.
Awards and Recognitions
Thales has been recognized for his work as a leading attorney in Tax by the main legal directories such as
Chambers & Partners Latin America - Tax South for five consecutive years from 2015 to 2019, International Tax Review - Indirect Tax Leaders, Leaders League and Latin America Corporate Counsel Association - LACCA.
He graduated from Pontifícia Universidade Católica do Rio Grande do Sul with a degree in Law and from Instituto Brasileiro de Estudos Tributários (IBET) with a specialization in Tax Law in 2005. He also holds a master's degree (LL.M) in International Taxation from New York University.
Activities outside the office
In addition to this activities with the firm, Thales is also a guest lecturer in the course of International Taxation in the Tax Law Specialization courses offered by the Pontifícia Universidade Católica do Rio Grande do Sul (PUCRS/IET), Universidade de Caxias do Sul (UCS) and ESMAFE/RS (Federal Judges School of Rio Grande do Sul).
Between 2011/2012, Thales was the president of the Instituto de Estudos Tributários - IET (Tax Studies Institute - www.iet.org.br)
Author/co-author of several books/articles, such as:
- More than 100 articles in the weekly column named "Coluna CARF", available at the legal news website "Jota" (www.jota.info);
- "Overview of Federal Administrative Tax Disputes in Brazil" - Association of Corporate Counsel (April 2nd, 2015);
- "Contribuições Previdenciárias e Exportações", Jornal Valor Econômico (August 20th, 2014) (co-author with Lívia Stumpf);
- "Current Developments in Brazilian Taxation" - WorldTrade Executives - Practical Latin American Tax Strategies (March, 2009);
- "Recent Tax Developments in Uruguay" - WorldTrade Executives - Practical Latin American Tax Strategies (February 2009) (co-author with Prof. Jonás Bergstein);
- "Judicial Alternative for Brazilian Exporting Companies with Accumulated ICMS Credits" - WorldTrade Executives - Practical Latin American Tax Strategies (September de 2008).
Representative matters and clients
- Tax and legal advisor for the installation in Brazil of a US-based automotive company responsible for the supply of parts to a plant of an OEM located in the State of Rio Grande Sul. In this assignment, Thales advised the client in relation to the tax obligations and structure in Brazil, as well as about the application of the tax incentives available for the automotive sector;
- Represented relevant Brazilian IT manufacturer in a federal tax litigation that resulted in the full annullment of a tax reassessment in the amount of BRL 50MM related to the charging of Corporate Taxes (IRPJ, CSLL, PIS and COFINS) over the accrual of ICMS tax incentives (https://www.jota.info/tributos-e-empresas/tributario/carf-icms-subvencao-14052019);
- Represented a US-based IT manufacturer and services provider with a subsidiary in Brazil in a federal tax litigation related to a tax reassessment in which the Brazilian IRS charged IPI (Excise Tax) in view of the alleged misuse of tax incentives derived from the Brazilian Computer Law (Law # 8,248/91). The defense filed ended up in a full cancellation of a tax reassessment in the approximate amount of BRL 500MM.
Ordinance of Ministry of Economy no. 53...
On September 29, 2019, the Minister of Economy Mr. Paulo Guedes issued the Ordinance ME no. 531 creating the Federal Tax Administration Committee (“COSAT”), which is liable to issue and establish binding precedents for the Administrative Tax Appeals Council (CARF) and National Treasury’s General Prosecution Office (PGFN). The aforementioned Ordinance does not foresee, in the […]