On June 9, 2021 the Brazilian Government issued Decree No. 10,714/2, which concludes the ratification process of the Convention for the Avoidance of Double Taxation entered between Brazil and Switzerland (“Tax Treaty”). We highlight below the main aspects of the Tax Treaty (others aspects may be relevant depending on the case): Income Maximum Rate – […]
On June 1st, 2021, the President sanctioned the Complementary Law 182/2021 known as the Legal Framework for Startups. The main goal of the new law is to promote and encourage innovative entrepreneurship in the country, focusing on the advance of startups as a path for economic, social, and environmental development, and on the modernization of the […]
On June 4, 2021, Brazil signed the Singapore Convention on Mediation (the “Singapore Convention”), which provides a uniform framework for settlement agreements put in writing resulting from mediations entered in one of the contracting states. Under the Singapore Convention, a party can enforce such settlement agreements in the courts of any contracting state, provided that […]
The MAPA Integrity Recognition (Selo Mais Integridade) was created on 12/12/2018, by MAPA Ordinance No. 2462, to recognize and reward integrity practices by agribusiness companies in terms of social responsibility, sustainability and ethics, in addition to validating their efforts to mitigate fraud, bribery and corruption. For the year 2021, agribusiness companies and cooperatives seeking recognition […]
On May 27, 2021, the Municipality of Sao Paulo published Law No. 17,557/2021 providing a Special Program for taxpayers to pay certain tax and non-tax debts regulated by the Municipality of Sao Paulo, with reductions on interest and penalties applied by the municipality authorities on tax triggering events that occurred up to December 30, 2020. […]
In brief The Brazilian National Health of Surveillance Agency (“Anvisa“) published today (May 26) the Resolution RDC No. 497/2021 (“RDC 497/2021“) for providing for the new administrative procedure for obtaining the Good Manufacturing Practices Certificate, as well as the Good Distribution and/or Storage Practices Certificate. This resolution will be in force from June 1, 2021¹, […]
On May 17, 2021, the Brazilian National Council for Energy Policy (“CNPE”) published Resolution No. 6/2021 determing that the Minister of Mines and Energy, together with the Ministries of Science, Technology and Innovations and Regional Development, propose to CNPE, within sixty days, the guidelines for the National Hydrogen Program. The guidelines are expected to provide […]
On May 18, the Federal Treasury and the Federal Revenue of Brazil jointly published the Notice 11/2021, which elected “Profit Sharing – PLR” as the first tax thesis subject to a TAX SETTLEMENT AGREEMENT based on Law no. 13,988/2020 and Ordinance ME nº. 247/2020. The adhesion term is from June 01st to October 31st, 2021. […]
On May 4th, 2021, the General Attorney Office of the Municipality of Rio de Janeiro enacted the Resolution No. 1.052/2021, introducing a new Amnesty Program (the “Resolve Rio”). The “Resolve” allows taxpayers to settle their debts with the Rio de Janeiro Municipality with reductions of interest, punitive fines and late payment fees up to 60%. […]
