News

The Superintendence of Private Insurance (Susep) published on Wednesday (September 2) in the “Federal Official Gazette” (DOU) Circular 612, which provides for policies and procedures aimed at combating crimes of money laundering and prevention of terrorism. The instrument must be complied by insurance companies, brokers, capitalization companies, reinsurers and open private pension entities. The norm imposes new […]

1. A reminder that in compliance with the National Monetary Council’s Resolution (“Resolução”) No. 3,854, of May 27, 2010 and the Brazilian Central Bank’s Ruling (“Circular”) No. 3,624, of February 06, 2013, the individuals and legal entities resident, domiciled or with headquarters in Brazil are obliged to declare to the Central Bank the assets and […]

Yesterday, September 1st, 2020, the Brazilian House of House of Representatives approved the New Gas Law Bill (Bill 6,407/2013), which will now be subject to the Senate’s analysis. Click here to access our infographic about the bill.

Contrary to the ruling rendered by the Superior Court of Justice (STJ) on the Special Appeal 1,230,957 in favor of the taxpayers with respect to the non-levy of social security taxation upon amounts paid as “1/3 constitutional vacation” (taken by the employee), on last week’s judgment (08.28.2020), by majority vote, the Brazilian Supreme Court (STF) […]

Law No. 14.046 was published on August 25, 2020, resulting from Provisional Measure No. 948/2020, to establish rules for the cancelation of services and bookings of events in the tourism and culture sectors in view of the COVID-19 pandemic. The rule exempts suppliers from refunding consumers in case of booking and event cancelations, as long […]

The Brazilian General Data Protection Law (Law # 13,709/18 – “LGPD”) will be effective as of August 27, 2020*. Today, August 26, the Brazilian Senate rejected the House of Representative’s proposal to extend the LGPD’s effective date to December 31, 2020. The House of Representative’s proposal was included in the Bill of Law that resulted […]

On August 24, 2020, Rio de Janeiro’s legislative branch enacted State Law # 8,983/2020, reinstating the Rio de Janeiro State authority to grant new tax benefits and also validating the ones already granted by the Executive and Legislative branches, provided that duly authorized by the National Finance Policy Council (CONFAZ). The new rule entered into force […]

Federal Government enacted yesterday Decree 10,470, which extends the period for companies to implement actions of the emergency program for maintenance of jobs and income, what was previously addressed through the Executive Order 936/2020 and Law 14,020/2020. Therefore, companies may now implement the reduction of working hours and pay, as well as the suspension of the […]

Arising from Executive Order no. 944/2020,  the Law no. 14,043/2020 was approved with amendments by National Congress and sanctioned with vetoes by the President of the Republic. Among the changes to the Program, we highlight: Expansion of scope by increasing the maximum limit of annual gross revenue of companies in 2019 to up to R$ […]