Decree No. 10,414/2020 was published today, extending the Financial Transactions Tax (“IOF”) rate to zero on credit transactions for another three months. The IOF is generally levied on credit transactions by applying a daily rate (defined according to the nature of the borrower – legal entity or individual), limited in some modalities, plus an additional […]

In continuity with previous e-Alerts, due to the organizational changes in the Judiciary, leveraged by the spread of the coronavirus (COVID-19), we inform that there have been advances by the Rio de Janeiro State Court of Justice (“TJRJ”) regarding the mandatory registration of legal entities in their systems for the purposes of electronic notice and subpoenas. […]

On June 25, 2020, the National Consumer Secretariat (“SENACON”) published Ordinance No. 20/2020, which regulates the submission of periodic reports regarding recall campaigns to the Department of Consumer Protection and Defense (“DPDC”). The Ordinance determines that the petition that submits the reports must contain, at least, the following information: i. the procedure number generated by […]

Law # 14,010/20, which establishes transitional rules for private law relationships during the COVID-19 pandemic, was published today. It postpones the effective date of articles 52, 53, and 54 of the Brazilian General Data Protection Law (LGPD) to August 1st, 2021. These articles establish administrative sanctions that may be applied by the Brazilian Data Protection […]

We are delighted to share the news that Trench Rossi Watanabe won the Exame Diversity Guide award for the second consecutive year. In the previous year, we were the best in the Small and Medium Enterprises (SME) category. This year, we won as the Best Company in Legal Services (new category included this year). We […]

The Federal Decree No. 10,388/2020, which regulates the take-back system for medicines nationwide, was published last Friday (June 5th, 2020) on an extra edition of the Federal Official Gazette. The regulation will come into force a hundred and eighty (180) days after its publication. The system will cover the structuring, implementation and operationalization of the […]

The president of the Superior Labor Court (TST) and Superior Council of Labor Justice (CSJT), Justice Maria Cristina Peduzzi, and Justice Aloysio Corrêa da Veiga (Head of  Labor Court’s Internal Affairs), signed on May 29th, the joint act TST.CSJT.CGJT n. 1/2020, providing for new rules for the use of insurance bond in replacement to the […]

The Environmental Protection Agency of the State of São Paulo (CETESB) published Board Decision No. 55/2020/P with new regulation applicable to sanctioning administrative procedures. Please find  below some of the main changes: Granting of discounts: in case of fines, the violator might obtain the following discount options in order to terminate the procedure:a) 30% in case […]

A reminder that until the end of June (June 30, 2020) is the legal term for companies that receive foreign investment and have assets or net equity equal to or greater than BRL 250,000,000.00 (two hundred fifty million Reais) to comply with the Declaration of Economic and Financial Information by submitting their financial data, related to the base-date […]