News

In brief On July 6th, the Brazilian National Data Protection Authority (ANPD) issued its first sanction for non-compliance with the Brazilian General Data Protection Law (LGPD). The ANPD’s General Supervision Coordination (CGF/ANPD) determined the penalties in conclusion to the administrative sanctioning process against a small business entity (microempresa – “Company”), due to violation of articles 7 […]

In brief We inform you that on July 7, 2023 (Friday), the Substitutive Amendment to Bill No. 2,384/2023 was approved, 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 […]

On July 7, 2023, the House of Representatives approved the bill of the Tax Reform, based on PEC 45. See below the infographic prepared by our Tax team on the subject. We are closely monitoring the evolution of the legislative process. Currently, it is pending the analysis and vote by the Federal Senate, when changes […]

Trench Rossi Watanabe is pleased to announce Fabio Capobianco from the Public and Regulatory Law group as a new partner. Fabio joined the Firm in 2010 and as of 1 July, he will deservedly start supporting Trench Rossi Watanabe’s growth strategy in a new position. Over the course of around 13 years at the firm, […]

In brief On July 3rd, 2023, the Brazilian President sanctioned Law n. 14,611/2023, aiming to ensure equal payment for women and men who perform the same activities. The new regulation also creates greater sanctions for employers. In more detail Among other new provisions, the new law amends article 461 of the Labor Code to expressly […]

In brief On July 03, the Special Secretariat of the Federal Revenue (“SRFB”) published the Public Consultation RFB n. 01/2023, along with the first draft of the Normative Ruling (“IN”) that will regulate the new Brazilian transfer pricing system, introduced by Law n. 14.596/2023. Interested parties may make suggestions and contributions regarding any subject matter […]

In brief The Brazilian Secretariat of Foreign Trade (“SECEX“) opened, on 06.22.2023, a new investigation to assess whether the Chinese government granted actionable subsidies to its national producers who exported fiber-optic cables (NCM 8544.70.10) to Brazil. The investigation may result in the imposition of countervailing measures and the consequent increase in the cost of Brazilian imports of […]

In brief SECEX* published on 06.16.2023 an official notice of initiation of a new sunset review investigation against Brazilian imports of grinding balls for mills from India (Circular No. 23, dated of 06.15.2023). The investigated product is mainly used for the grinding of ores in mills. The duties remain in force during the sunset review […]

In brief On June 14, 2023, the Presidential Decree No. 11,563 of June 13, 2023 (Decree No. 11,563/23) was published in the Official Gazette of the Federal Executive, regulating the Federal Law No. 14,478 of December 21, 2022 (Federal Law No. 14,478/23), which consists in the denominated “Legal Framework of Virtual Assets” in Brazil. In […]