In brief On August 12 2022, the Federal Revenue Department published Ordinance No. 208/2022, which regulates the tax settlement procedures set forth by Law No. 14,375/2022, that amends Law No. 13,988/2020. More details In accordance with the provisions of the Ordinance 6.757/2022, issued by the Office of General Attorney’s, the Federal Revenue Department also set forth […]
A reminder that until the end of September is the legal term for companies that receive foreign investment to comply with the Declaration of Economic and Financial Information by submitting their financial data, related to the base-date of June 30, 2022, in the Central Bank’s System, as per Resolution No. 3,844, of March 23, 2010, of […]
On 07/26/2022, the Normative Instruction No. 2095 of 2022 (“IN 2095/22″) was published, which establishes the deadline from August 15 to September 30, 2022 to file the for delivery of the Rural Real Estate Tax Return ( so called ” DITR”) for individuals or legal entities required to submit it, as well as the main […]
Subsequent to the approval by the House of Representatives, the Federal Senate approved yesterday (August 03rd, 2022) the Conversion Law Project (PLV) 21/2022 arising from Executive Order No. 1,108/22 (“EO”), which contains several provisions regarding remote work and payment of meal allowance. Among the main matters addressed, the text brings a new definition for teleworking, […]
Last Friday, 07/29/2022, Decree No. 11,153/2022 was published, promoting changes in Decree No. 6,306/2007, the Financial Transactions Tax Regulations (“RIOF”). Items VII to IX in article 15-B of the RIOF, which establish a 6.38% tax rate in exchange transactions related to credit card operations, were altered. The new wording of the items no longer refers […]
In short On July 22, 2022, the Brazilian General Comptroller’s Office (CGU) published Ordinance No. 019, which comes into force on August 01, 2022 allowing the Early Ruling of the Administrative Liability Procedures (PARs) related to violations of the Anti-Corruption Act. The Ordinance regulates the form of request for Early Ruling by the company, the […]
In brief New supplementary bill that, acknowledging the essentiality of referred activities, states that State VAT (ICMS) rates must not outweigh 18%. More details On July 1st, 2022, the Governor of the State of Rio de Janeiro issued Decree No. 48,145, acknowledging the internal transactions and services with (i) fuels; (ii) electric power; (iii) telecommunications; […]
In short On July 12, 2022, the Presidency of the Republic published Decree No. 11,129/2022 with changes in the regulation of the Anti-Corruption Law (Law No. 12,846/2013), which provides for the administrative and civil liability of legal entities for acts against the national or foreign public administration. The published instrument will came into effect on July 18, […]
The inclusion of ICMS benefits in the tax basis of Corporate Income Taxes (“IRPJ and CSLL”) has been object of constant debate, both in the administrative sphere (within the scope of the Administrative Council of Tax Appeals – “CARF”) and in the judiciary. In 2017, the First Section of the Superior Court of Justice (“STJ”) […]
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