In brief In June 13, 2023, the Brazilian IRS issued, with binding effects, COSIT Ruling No. 107, which refers to the taxation on cross-border remittances made as compensation for the acquisition of off-the-shelf software license from abroad. More details In relation to Withholding Income Tax (“WHT”), the Brazilian IRS confirmed the tax is due since […]
In brief On May 25, 2023, the Federal Treasury Department published the Public Notice PGDAU n. 3, which provides for a new special settlement agreement by adhesion for debts registered as overdue liability certificates, whose discounts and payment conditions will be determined according to the payment capacity of the taxpayer and/or classification of debts as […]
In brief On Friday (05/12), the Brazilian Data Protection Authority (ANPD) published Technical Note No. 4/2023/CGTP/ANPD with a diagnosis of the study it conducted to verify the conformity of the processing of personal data by drugstores with the Brazilian Data Protection Law (Law No. 13,709/2018 – LGPD). In more detail The study was motivated due […]
In brief On May 12th, the Municipality of Rio de Janeiro enacted Decree # 52,449/2023, establishing conditions and benefits for taxpayers to settle tax and non-tax debts enrolled as Municipal executable tax debt, to which triggering events took place until December 31st, 2022. Additional details Exception is made by the program to debts resulting from […]
In brief On 16 May 2023, the National Consumer Secretariat (“SENACON“) published Technical Note No. 14/2023, establishing guidelines for confronting racism within the scope of consumer relations (“Guidelines“). More details SENACON created the Guidelines with the objective of magnifying principles and practices that aim to confront structural racism, with effects on consumer relations, and that […]
In brief The Secretariat of Foreign Trade of the Ministry of Development, Industry and Trade and Services (“SECEX“, in its Portuguese acronym), by means of Circular No. 12, published on 04.10.2023, set a 30-day deadline (extended for additional 30 days by means of Circular No. 14, published on 04.27.2023) to gather contributions from the civil […]
On May 10, the Brazilian Federal Senate approved Bill of Law No. 8/2023, originated from Provisional Measure No. 1,152/2022, in order to introduce new transfer pricing rules in Brazil. The Senate reproduced the wording of the project previously approved by the Chamber of Representatives entirely, despite the claim of some parliamentarians for the insertion of […]
In brief On April 30th, 2023, Provisional Measure 1.171/23 (“MP” or “MP 1.171/23”) was published, bringing some changes on the taxation of Brazilian tax residents (Individuals), especially regarding: (i) the taxation of financial investments abroad, and (ii) the creation of “anti-deferral” rules for foreign controlled entities owned by Brazilian individuals . In addition for the […]
In brief Law 14,553/23 was published in the Official Gazette of April 24, 2023, amending articles 39 and 49 of Law 12,288/10 (known as the Race Equality Statute) to determine the process and criteria for the collection of information related to ethnical and racial participation in the workplace. In more detail Per the new law, […]
Data Protection Officer