In brief Following the publication of Federal Law No. 14,701/2023 with vetoes by the Brazilian President Luis Inácio Lula da Silva, the National Congress decided to overturn part of the vetoes, re-establishing the original text that provides for a temporal milestone thesis for demarcating Indigenous Lands in Brazil. The updated version of Federal Law No. […]
In summary On 5 December 2023, CONSEMA Resolution No. 500/2023 (“Resolution“) was published, establishing the guidelines for implementing reverse logistics for packaging in general in the state of Rio Grande do Sul. In summary, this Decree follows the trend in other states — conceptualizing and specifying the procedures and obligations for structuring reverse logistics systems […]
As an update on the main discussions held at COP28, our Environment, Climate Change and Sustainability team has prepared a brief guide. Check it out: References: 1 https://unfccc.int/sites/default/files/resource/cop28_auv_8g_lnd.pdf 2 https://unfccc.int/news/cop28-agreement-signals-beginning-of-the-end-of-the-fossil-fuel-era 3 Ibid. 4 https://www.cop28.com/en/ 5 https://www.cop28.com/en/global-renewables-and-energy-efficiency-pledge 6 https://www.cop28.com/en/ 7 https://www.cop28.com/en/cop28-uae-declaration-on-hydrogen-and-derivatives 8 https://www.cop28.com/en/news/2023/12/Oil-Gas-Decarbonization-Charter-launched-to–accelerate-climate-action 9 https://www.sambiental.com.br/noticias/declaracao-sobre-clima-e-saude-em-parceria-com-oms 10 https://gfi.org.br/cop28-brasil-e-mais-133-paises-assinam-declaracao-inedita-se-comprometendo-a-produzir-alimentos-de-forma-mais-sustentavel/ 11 https://unfccc.int/sites/default/files/resource/cma5_auv_4_gst.pdf 12 This text reflects the Global Renewables and Energy Efficiency Pledge. 13 At COP26, the parties adopted the Glasgow Climate […]
1 – Scope of Law n.º 14,789/2023 Law n.º 14,789/2023 revoked, as of January 1st, 2024, the existing legal provisions relating to (i) the exclusion of investment subsidies from the IRPJ and CSLL (corporate income taxes) basis, and (ii) the non-levy of PIS/COFINS (turnover contributions) on these subsidies The Law instituted a new “Tax Credit” […]
In brief On December 29, 2023 relevant tax legislation was published: Complementary Law No. 204/2023 (“LC 204/23”), result of the President’s approval with veto of Complementary Law Project No. 116/2023, issued to adjust LC 87/1996 to the Federal Supreme Court decision rendered in ADC 49, which recognized the unconstitutionality of the levy of ICMS on […]
In brief On December 27, 2023, new decrees of Brazil’s President were published nominating the four new commissioners to CADE’s Administrative Tribunal: Camila Cabral Pires Alves, Carlos Jacques Vieira Gomes, Diogo Thomson de Andrade and José Levi Mello de Amaral Júnior. According to an order published on December 28, Diogo Thomson de Andrade already took […]
On December 21, 2023, the Brazilian House of Representatives approved the new text of Bill 2.148/15 (PL), which aims to create the Brazilian Greenhouse Gas Emissions Trading System (SBCE), i.e. the regulated carbon market in Brazil. The text will still be sent to the Brazilian Federal Senate and could return to the House of Representatives […]
In summary On December 16, 2023, the House of Representatives approved the bill of the Tax Reform, based on PEC 45 (Constitutional Amendment), in the final round after the Senate’s approval. See below a summary of the matters that were included by the Senate, but were excluded by the House of Representatives from the final […]
In brief On December 14, 2023 (Thursday), the Congress overruled some of the presidential vetoes on Law no. 14,689/2023, with the purpose of disciplining the proclamation of judgment results in the event of a tie vote within the scope of the Administrative Council of Tax Appeals (CARF), among other measures connected to tax litigation and […]
