News

In Brief The Federal Senate approved yesterday the Complementary Law Project No. 05/2021, which provides for the extension of exemptions, incentives, and tax and financial-tax benefits linked to the ICMS, aimed at maintaining or increasing commercial activities, provided that the beneficiary is the actual sender of the goods. More details The Federal Senate approved yesterday […]

As reported in our last e-alert, on September 6, 2021, President Jair Bolsonaro signed Provisional Measure (“MP”) No. 1.068/2021, amending the Brazilian Internet Legal Framework, which regulates the use of the internet in Brazil. The MP was criticized by different sectors of society, who argued that it did not meet the applicable formal and material […]

The Brazilian Justice Counsel published on September 29, 2021 decision regulating arbitral letters, which are the instruments foreseen in Brazilian Arbitration Act and in the Brazilian Code of Civil Procedure for communications between arbitral tribunals and judicial courts. Although arbitrators are equivalent to judges, they do not have powers to issue certain coercitive orders, such […]

Please be advised that, on September 30 2020 (Thursday), the Social Security Department website released on the Internet, the new “Accident Prevention Factor” (“FAP”) rate for each company, which will have a direct impact on company’s payroll social contributions for the year 2022. FAP is a multiplication factor – that varies from 0,5 to 2,0 […]

On September 21, 2021, the Rio de Janeiro State Governor issued  Decrees 47,767 and 47,768, ruling on the special tax treatment granted to legal entities or legal entities consortia developed or intend to develop power plant projects in the State. These incentives are summarized below: Decree 47,767 – Law 9.214/21 – Power Plant Projects Decree […]

In brief On 15 September 2021, after public consultations were processed, the Central Bank of Brazil (BCB, initials in Portuguese) released six new rules regulating the social, environmental and climate risks in the National Financial System, which will come into force in 2022. The standards deal with the regulation of the Social, Environmental and Climate […]

In brief  Bill of Law No. 2058/2021 (“BL”), initiated by the Chamber of Deputies, in 06/07/2021, proposes amendments to the recent and controversial Law No. 14.151/2021, which deals with the removal of pregnant employees from on-site work during the public health emergency of national importance due to the new coronavirus. The BL specifically regulates (i) […]

After public consultation, the Brazilian Patent and Trademark Office (BPTO) issued Ordinance No. 37/2021, published in the Electronic Official Bulletin No. 2646, of September 21, 2021, authorizing the registration of position marks as of October 1, 2021.  According to the BPTO’s definition in the ordinance, position marks eligible to registration are those formed by a “distinctive […]

In brief The Brazilian Federal Senate received for consideration the Bill of Law of the Income Tax Reform (PL 2337/2021) approved by the Chamber of Deputies on 09/02/2021. The Brazilian Federal Senate received for analysis and voting the Bill of Law of the Income Tax Reform (PL 2337/2021) approved by the Chamber of Deputies on […]