The Brazilian Government submitted on Tuesday (July 21) to the National Congress a bill of law that creates the Social Contribution on Operations with Goods and Services (CBS). CBS shall replace PIS-payroll. as well as PIS/ OFINS on revenues and PIS/COFINS on imports. The unification of PIS and COFINS is the first part of a […]
The Ministry of Economy, Industry, Foreign Trade and Services (MDIC) informed on the SISCOSERV page (in the Federal Revenue’s E-CAC) that the system was deactivated from 7/11/2020 and that additional information can be obtained at two electronic addresses available on the website. In spite of that, the legislation related to SISCOSERV continues to be […]
The Rio de Janeiro State enacted yesterday State Law # 8,926/2020, prohibiting the creation of ICMS (state VAT) tax incentives through infralegal rules (e.g. executive branch decrees or state treasury office resolutions). State Law # 8,926/2020 states that ICMS tax incentives must be created through acts originated from the Legislative Branch (e.g. a law on […]
On 8 July 2020, the Chamber of Deputies approved the Nagoya Protocol, an international agreement supplementary to the Convention on Biological Diversity that creates incentives for the conservation and sustainable use of genetic resources. It strengths the contribution of the biodiversity to the environmental development. Now, the Senate will analyze to approve the bill. The […]
On July 8, 2020, Federal Decree No. 10417/2020 was enacted creating the National Consumer Protection Council. The new Council will be formed by members of several agencies, including the National Consumer Secretariat (“SENACON”), the Ministry of Economy, the Administrative Council for Economic Defense (“CADE”), the Central Bank, and also representatives of the “National Consumer Protection […]
E-Alert::: Trabalhista | Conversão em Lei da MP936 President Bolsonaro just approved Law 14,020/00, of July 6, 2020, which institutes the emergency program for maintenance of jobs and income, what was previously addressed through the Executive Order 936. As the current main incentive to the preservation of jobs and income in Brazil, this new […]
On July 1, 2020, the Rio de Janeiro State published State Law # 8,922/2020, granting ICMS exemption on energy transactions under the power set-off system, grounded by Suplementary Law # 160/2017, Convênio ICMS # 16/2015 and Convênio ICMS # 190/2017. The exemption is granted on internal transactions with power supplied by distributors to individuals or […]
The Rio de Janeiro State published, on July 3rd, 2020, SEFAZ-RJ Resolution # 153/2020, governing the adherence to Repetro-SPED special tax regime for the purposes of Law # 8,890/2020. Rio de Janeiro ICMS Taxpayers willing to join the tax regime in question must complete and submit the “notice of adherence” (“termo de comunicação“), available […]
