On September 23, 2019, Federal Decree 10,025/2019 was published, to regulate arbitration between the Federal Union or other Federal Public Administration entities and concessionaires of federal public services. Matters subject to arbitrationThe decree clarifies that the arbitration can resolve controversies on any “patrimonial disposable right“, including (but not exclusively), in relation to the concession agreements […]
The Brazilian Securities and Exchange Commission (“CVM”) issued yesterday, on September 30, 2019, the CVM Resolution 829 (“Resolution 829”), which set forth a new procedure for publicly-held companies to publish the documents required by Law 6,404, of December 15, 1976, as amended (“Brazilian Corporate Law”) and CVM regulations, in consonance with the new wording of […]
In view of the changes made by the Government Act (Medida Provisória) 892, of August 5, 2019 in the Brazilian Corporations Act (Law 6,404/76) providing that an act by the Ministry of the Economy would set forth rules for the publication and disclosure of corporate acts of privately-held corporations, to replace the requirement of publication […]
Last Thursday (09.27.19), the Specialized Section of the Superior Labor Court decided, by majority, that it is impossible to collect cumulatively the payment of additional for hazardous conditions of work and dangerous conditions of work, even though arising from distinct and autonomous generating facts. The vote of the Reviewing Justice (Alberto Bresciani) prevailed, followed by […]
Since its implementation, many companies have struggled to include some information in the e-Social system. One example is the payment of Profit Sharing (PLR) to officers, which register was not possible in the system. To allow the register in e-Social, companies used to include the payment of Profit Sharing under another title, such as fees […]
On Tuesday, October 15, Ordinance no. 1.127/2019 was published. The Ordinance governs the substitution of obligations to send RAIS and CAGED information by companies already obliged to use e-Social. The transmission of CAGED information via e-Social will occur for admissions and dismissals from January 1, 2020. RAIS will be replaced from 2019, for statements made […]
Today, after the second and final voting round, Brazil’s Senate has approved the “Social Security Pension Reform” bill’s main text, which will amend Brazil’s Federal Constitution. In summary, the relevant changes made by Social Security Pension Reform” bill are the following: Retirement minimum age: For urban workers, the minimum age is of 62 years for women and 65 […]
On November 5th, it was published Decree No.64.564 of São Paulo State, providing for the Special Program or Installment Payment (“PEP”) related to the Tax on Circulation of Goods and Telecom and Freight Services (“ICMS”) for debts constituted ornot, whether enrolled or not in the tax attorney’s debt list. The program waives the payment of […]
On November 5, 2019 it was published Decree No. 64.564 of São Paulo State, providing for the Special Program for Installment Payment (“PEP”) related to the Tax on Circulation of Goods and Telecom and Freight Services (“ICMS”) for debts constituted or not, whether enrolled or not in the tax attorney’s debt list. The program waives […]
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