In a summary On December 17, 2024, the Brazilian Chamber of Deputies approved Bill of Law #3,817/24 (BL 3,817/24) that establishes the OECD Pillar Two global minimum tax in Brazil. BL 3,817/24 adapts the Brazilian tax legislation to the OECD’s Global Base Erosion – GloBE Rules, introducing an effective minimum taxation of 15% through an […]
In a nutshell On December 17, 2024, the National Congress approved the basic text of the Complementary Bill (PLP 68/24) that regulates Constitutional Amendment 132/23 (“Tax Reform”) and institutes the Tax on Goods and Services (IBS), the Social Contribution on Goods and Services (CBS), the Selective Tax (IS) and creates the IBS Management Committee. It […]
In summary Unanimously, the Brazilian Supreme Court (STF) decided that the gift and inheritance tax (ITCMD) should not be levied on the transfer of amounts and rights relating to VGBL (Vida Gerador de Benefício Livre) and PGBL (Plano Gerador de Benefício Livre) plans to beneficiaries, in the event of the death of the policy holder. […]
In brief SECEX (the Brazilian Secretariat of International Trade) initiated a sunset review on the antidumping duties in force against Brazilian imports of automotive loudspeakers from China on 29 November, commonly classified under the NCM codes 8518.21.00, 8518.22.00 and 8518.29.00. The main applications for loudspeakers are automotive, professional, surround sound, home entertainment, and security. The duties remain in force throughout the investigation […]
In brief Federal Decree No. 12.285/2024 was published, instituting the Amazon Seal Program, within the scope of the Ministry of Development, Industry, Trade and Services, with the aim of developing national guidelines to standardize and certify industrialized services and products that are demonstrably produced in the Legal Amazon, using raw materials and inputs from the […]
Summary On December 2, 2024, the Brazilian National Health Surveillance Agency (ANVISA) published the Resolution (RDC) no. 945/2024, establishing new guidelines and procedures for conducting clinical trials in Brazil aimed at granting drug marketing authorization. The new rule proposes an alignment of the matter with Federal Law no. 14.874/2024 and the reductions of bureaucratic barriers […]
In brief On 21 November, SECEX (the Brazilian Secretariat of International Trade) initiated a sunset review on the antidumping duties in force against the Brazilian imports of hairbrushes from China, commonly classified under the NCM code 9603.29.00. The duties remain in force throughout the investigation, and they may be renewed for another five years at the end of the […]
In brief The Office of the Comptroller General (CGU) announced yesterday, November 25, 2024, the publication of the document “Integrity Program: Sustainable Practices for Private Companies”, which was chosen as the “Outstanding Action of ENCCLA 2024″. This guide, developed by the Private Integrity Secretariat, reflects the CGU’s new, broader position on ESG issues and provides new […]
In brief The European Parliament has approved the postponement of the date of application of the regulation for European Union Deforestation Regulation (EUDR) by one year, as well as the adoption of other amendments proposed by the political groups of the entity, in response to concerns raised by several countries that export in high volumes […]
