As another measure to prevent the coronavirus spread, the State of São Paulo enacted Decree 64,959/2020, which requires the use of facial protectors inside business that develop essential activities. The measure is effective as of May 7, 2020 and its violation may result in penalties provided in the same legislation. The Decree determines that the […]
In the middle of April, the Legislative Assembly of the State of São Paulo started analysing the Bill of Law No. 250/20, which proposes relevant changes in the Transfer and Gift Tax (“ITCMD”) legislation. The ITCMD is a State tax due over gifts and inheritances. In São Paulo, the legislation currently in force provides that ITCMD […]
A reminder that according to Resolution No. 3844, of March 23, 2010, of the Brazilian National Monetary Council, and Circular No. 3814, of December 7, 2016, of the Central Bank of Brazil, companies that receive foreign investment and have assets or net equity equal to or greater than BRL 250,000,000.00 (two hundred fifty million Reais) must submit their financial […]
Four months after the publication of State Law no. 8.645/19, which replaced the “Fundo Estadual de Equilíbrio Fiscal” (FEEF) with the “Fundo Orçamentário Temporário” (FOT), the state of Rio de Janeiro has issued State Decree 47.057/20, which obligates Rio de Janeiro’s taxpayers to deposit the amounts calculated based on their tax benefits. With the exception […]
On May 4, 2020, the Federal Government enacted Provisional Measure no. 960 authorizing an exceptional 1-year extension for tax payment suspensions granted under the Special Drawback Regime, in which the federal tax authorities had extended payments by one year and which would cease in 2020. The measure has been enacted in the context of COVID-19 […]
On April 30th, 2020, the Federal Supreme Court (STF) ruled unconstitutional State Law No. 10995/2001 of the State of São Paulo. The law disposes about conditions for installing mobile phone antennas. According to STF, the law violates the subsidiarity principle since the Federal Union has the competence to legislate about telecommunications and the National Telecommunications […]
Brazilian President published Provisional Measure # 959 yesterday, April 29, postponing the effective date of the Brazilian General Data Protection Law (Law No. 13,709/18 – “LGPD”). As a result, the new effective date of the Law is May 3, 2021. The Provisional Measure has immediate effects, but it must be reviewed and confirmed by Congress […]
Aligned with our mission and values in relation to this atypical situation that we are facing together, we are pleased to announce the extension of our campaign to combat the impacts of the Covid-19 outbreak in Brazil. Our action, entitled “Fighting on all fronts”, now reaches the social level, reinforcing our commitment to customers, employees, […]
During a video conference session held on April 29, 2020, the plenary of the Supreme Court suspended, by majority of votes, the effectiveness of Article 29 of Executive Order n. 927/20, issued as a response to the coronavirus pandemic. Referred to article provided that potential COVID-19 contamination cases should not be deemed as working diseases, […]
Data Protection Officer