In brief The BNDES (National Bank for Economic and Social Development) has informed financial institutions of the extension of the prohibition on contracting rural credit operations and the suspension of the release of funds to clients with current embargoes registered in IBAMA’s Register of Environmental Charges and Embargoes and who have not taken effective measures […]
In brief SECEX (the Brazilian Secretariat of Foreign Trade) opened on 9 February 2024 a new antidumping investigation against Brazilian imports of phthalic anhydride from China, commonly classified under the NCM code 2917.35.00. The investigated product is widely used in the manufacture of plasticizers, alkyd resins, unsaturated polyesters resins, synthetic colorants, aromatic polyester polyols, among […]
In brief With the recent updates from the Labor Department re. the Pay Transparency Report (for companies with 100 or more employees), our Employment and Compensation Group has produced an infographic with the main points of attention related to the topic. See below:
In a nutshell On February 7, 2024, the Sao Paulo State Attorney General’s Office (PGE/SP) published Resolution No. 6/2024. The resolution regulates State Law No. 17,843/2023 on tax settlements. In addition, on February 7, 2024, PGE/SP also published the first call for adherence (PGE/SP Notice No. 1/2024) providing for the possibility to settle ICMS debts […]
In summary Bill of Law No. 7 of 2024 (“PL 7/2024”), proposed by State Representative Donato, aims at the amendment of State Law 10.705 of 2000, which provides for Estate and Gift Tax (so called “ITCMD”) in São Paulo, to establish progressive rates of up to 8%, as follows: *Currently one UFESP corresponds to BRL […]
In brief The Ministry of Labor and Employment has updated the “Portal Emprega Brasil” to enable companies to proceed with the Declaration of Equal Pay and Remuneration Criteria for the first half of 2024, which must be completed by February. According to the latest regulations on the matter (Decree 11,795/2023 and Ordinance 3,714/2023), companies will […]
In brief The National Congress recently overturned a presidential veto to re-establish provisions set out in Bill of Law No. 4.188 of 2021, which was converted into Law No. 14.711/2023. In more detail The purpose of Law 14.711/2023, known as the Legal Framework for Guarantees, is to make it easier to locate the debtor’s assets […]
In summary On December 15, 2023, Federal Law No. 14.755/2023 was published, establishing the National Policy on the Rights of People Affected by Dams. This is a complementary law to the National Dam Safety Policy and aims to establish the rights of People Affected by Dams, the Program for the Rights of People Affected by […]
In brief SECEX (The Brazilian Secretariat of Foreign Trade) opened on January 5th, 2024, a new antidumping investigation against Brazilian imports of polyether polyols with molecular weight between 300 and 4,500 g/mol and a purity level of 90% or more, originated from China and the United States of America, and commonly classified under the NCM code 3907.29.39. The investigated product […]
