In brief The ABNT 2030 Recommended Practice (PR) was published on 14 December 2022, providing for the conceptualization, guidelines and evaluation models for implementing environmental, social and governance (ESG) practices for organizations and businesses in general. More details The PR, which provides for the conceptualization, guidelines and evaluation models for the implementation of ESG practices, […]
In brief On 22 December 2022, PROCON/SP published Normative Ordinance No. 0229/2022, establishing the State Code of Inspection and Sanctioning Procedures (“Ordinance“), and providing instructions for the use of the PROCON/SP digital system. More details The referred Ordinance establishes the State Code of Inspection and Sanctioning Procedures, aiming to regulate the inspection activities by PROCON/SP […]
The Federal Government published today (December 29, 2022) the Provisional Measure No. 1,152/22, introducing changes in the Transfer Pricing legislation, adopted to control transactions performed by Brazilian taxpayers with related parties located abroad. As expected, the changes introduced by the Provisional Measure No. 1,152/2022 are aligned with the OECD standards, representing one of the key […]
The new Provisional Presidential Decree (MP, in Portuguese) No. 1,151/2022, was recently published, and allows the sale of carbon credits and environmental services in the object of public concessions for forests and conservation units (protected areas). The rule extends the previously conferred rights, also including the exploitation of non-timber forest products and services, such as […]
In brief On December 22, 2022, the Federal Government published in the Official Gazette Federal Decree No. 11,300/2022, which established the take-back requirements system for glass packaging. In summary, the Decree aims to regulate provisions foreseen by the National Policy for Solid Waste to address rules and procedures on take-back requirements for glass packaging. More details After […]
In brief As of January of 2023, the labor lawsuits will need to be reported in the eSocial, as an evolution of this system created to consolidate information about tax, social security and employment obligations. More details Based on different legal statutes, with special focus on IN RFB 2.094/2022 and the updated eSocial Manual, the following new […]
In brief IBAMA Directive No. 16 (“Directive“), which became effective on December, 5th 2022, introduced the system for the Forestry Traceability Source Document (“DOF+“) as a tool for issuance, management and monitoring of mandatory licenses for the transport and storage of forestry products from native species in Brazil. More details This system will control all new authorizations […]
A reminder that until the end of December is the legal term for companies that receive foreign investment to comply with the Declaration of Economic and Financial Information by submitting their financial data, related to the base-date of September 30, 2022, in the Central Bank’s System, as per Resolution No. 3,844, of March 23, 2010, […]
In brief On November 29, 2022, the Plenary of the Federal Senate approved the final text of the Bill of Law (in Portuguese: Projeto de Lei – “PL”) No. 4,401/2021 (former PL No. 2,303/2015) in which the Deputy Expedito Netto (Brazilian Democratic Party-Rondônia) is the rapporteur. Currently, PL No. 4.401/2021 is in the processing final stage, which […]
