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 […]
In brief On 5 June 2023, Federal Decree Nos. 11,546, 11,547, 11,548, 11,549, and 11,550 were enacted, setting forth provisions related to climate change. More details DecreeNo. 11.550/2023 establishes the Interministerial Committee on Climate Change (CIM). The CIM will be the institutional instrument responsible for defining guidelines and deliberating on the country’s strategies within the scope […]
In brief The Secretariat of Foreign Trade (“SECEX“, in its Portuguese acronym), by means of Circular No. 22, of June 13, 2023, published on June 14, 2023, opened an antidumping sunset review concerning Brazilian imports of welded steel pipes of austenitic stainless steel originated from Malaysia, Thailand, and Vietnam.The duties remain in force throughout the […]
In brief Law No 14,596, originated from Provisional Measure No 1,152/2022, was published this Thursday (06/15/2023) to introduce new transfer pricing rules in Brazil. In more detail The new Law reproduces the wording of Bill of Law No 08/2023 previously approved by the Senate, which means that there were no vetoes and that Law No […]
In brief On June 12, 2023, the Rio de Janeiro Municipality enacted Law # 7,907/2023 (“Neutral ISS Law”) to promote the development of carbon credits market in the Municipality of Rio de Janeiro and encourage the reduction of greenhouse gas emissions. More details Aiming at attracting companies engaged in the development, certification and trading of carbon […]
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 […]
The Legal Industry Reviews website, an international platform that brings together news and articles from major law firms, launched its first publication focused on the Brazilian market. Our Firm is present with content produced by Partner Giovani Tomasoni and Associate Fernanda Bueloni from the Environment, Consumer and Sustainability Group in the Environmental Law section. In […]
Trench Rossi Watanabe has been recognized by the Análise Advocacia Regional ranking as one of the most admired full-service law firms in the category Greater São Paulo for the third consecutive year. The publication presents the most admired firms according to the opinion of 784 legal, financial and compliance officers of the largest companies in […]
