Today, the First Chamber of the Superior Court of Justice (“STJ”) concluded the trial of the Special Appeal 511.736/SP about the transfer pricing rules applicable to the resale minus method (“PRL60”) until the enactment of Law 12,715/12, more specifically about the illegality of Normative Ruling 243/02 vis a vis Law 9430/96 in place at that time.
The Appeal was ruled in favor of the taxpayer. Although this decision has no binding effect to the judiciary body, it is an important precedent to the taxpayers with pending discussions on this matter. It is the first case ruled on the merits by this third judicial level court. We expect that the decision is published in the next days/weeks.