In brief On May 12th, the Municipality of Rio de Janeiro enacted Decree # 52,449/2023, establishing conditions and benefits for taxpayers to settle tax and non-tax debts enrolled as Municipal executable tax debt, to which triggering events took place until December 31st, 2022. Additional details Exception is made by the program to debts resulting from […]
In brief On 16 May 2023, the National Consumer Secretariat (“SENACON“) published Technical Note No. 14/2023, establishing guidelines for confronting racism within the scope of consumer relations (“Guidelines“). More details SENACON created the Guidelines with the objective of magnifying principles and practices that aim to confront structural racism, with effects on consumer relations, and that […]
In brief The Secretariat of Foreign Trade of the Ministry of Development, Industry and Trade and Services (“SECEX“, in its Portuguese acronym), by means of Circular No. 12, published on 04.10.2023, set a 30-day deadline (extended for additional 30 days by means of Circular No. 14, published on 04.27.2023) to gather contributions from the civil […]
On May 10, the Brazilian Federal Senate approved Bill of Law No. 8/2023, originated from Provisional Measure No. 1,152/2022, in order to introduce new transfer pricing rules in Brazil. The Senate reproduced the wording of the project previously approved by the Chamber of Representatives entirely, despite the claim of some parliamentarians for the insertion of […]
In brief On April 30th, 2023, Provisional Measure 1.171/23 (“MP” or “MP 1.171/23”) was published, bringing some changes on the taxation of Brazilian tax residents (Individuals), especially regarding: (i) the taxation of financial investments abroad, and (ii) the creation of “anti-deferral” rules for foreign controlled entities owned by Brazilian individuals . In addition for the […]
In brief Law 14,553/23 was published in the Official Gazette of April 24, 2023, amending articles 39 and 49 of Law 12,288/10 (known as the Race Equality Statute) to determine the process and criteria for the collection of information related to ethnical and racial participation in the workplace. In more detail Per the new law, […]
Following the ruling issued on June 8, 2022, which determined that collective terminations require union involvement, Brazil’s Supreme Court has today (April 25, 2023) published a new decision clarifying that such requirement applies to collective terminations implemented after June 14, 2022. The Supreme Court’s precedent states that “prior union intervention is an essential procedural requirement for the […]
In brief Last Wednesday, 19 April, the European Parliament approved a new law that prohibits the importation of commodities originating from the Americas, Asia and Africa that are related to deforested and degraded areas. The main goal is to ban products that have in any way contributed to deforestation from the European market, combatting climate […]
In brief The Rio de Janeiro State Revenue has recently modified its interpretation regarding the collection of the Fund to Fight Against Poverty (“Fundo Estadual de Combate à Pobreza – FECP”) additional over transactions with communication services and power supply. This change impacts taxpayers engaged in the performance of corporate network services, among others. In […]
