On September 23, 2019, it was published the Interpretative Act RFB no. 02/2019, which refers to the additional social security contribution to fund the special retirement (article 292 Normative Ruling RFB N. 971/2009), the so-called Additional SAT Contribution. The Act interprets in a broad way that the company should pay social security contribution even if […]
On October 11, 2019, Resolution No. 23 was published to repeal Resolution No. 14, both issued by the National Council of Genetic Heritage Management (“CGen”). The new Resolution adjusts the deadline related to the availability of the National System for the Management of Genetic Heritage and Associated Traditional Knowledge (“SISGEN”) to register activities involving access […]
On October 11, Agreement No. 152/2019 was published, authorizing the State of São Paulo to institute an installment program related to ICMS debts, comprising tax events that occurred until May 31, 2019. The debts included in the program may be paid: • in a single installment, with a reduction of up to 75% of punitive […]
On October 15, 2019, Normative Ruling No. 1,911/19 of the Brazilian Federal Revenue (“Brazilian IRS”) was published in the Federal Official Gazette, consolidating the rules applied to the turnover taxes over revenues (“PIS and COFINS”), including the rules applicable to importation of services (“PIS-Import and COFINS-Import) and on transactions involving tax incentives. Normative Ruling No. […]
The Government of Rio de Janeiro published on October 16 the Decree 46,793/19, which “establishes the differentiated taxation regime for industries of the steel sector” located in the State of Rio de Janeiro. The regime provides the following tax benefits: – Deemed tax credit in domestic and interstate sales operations, so that the tax burden […]
On October 15, 2019, State Decree No. 46,788/2019, which changes State Decree No. 46,366/2018 that regulates the Anti-Corruption Law at the state level was published in the State Official Gazette. The new decree provides more efficiency to the government on the assessment of violations to the AntiCorruption Law. One of the new aspects brought by […]
Last Wednesday (11.09), the Superior Labor Court (TST) ruled that it is impossible for the Labor Court to partially ratify extrajudicial agreements entered into between employers and employees. Since Law 13,467 / 2017 came into effect (Labor Reform), extrajudicial agreements have been one of the innovations used most frequently by companies and their employees. In […]
On September 23, 2019, Federal Decree 10,025/2019 was published, to regulate arbitration between the Federal Union or other Federal Public Administration entities and concessionaires of federal public services. Matters subject to arbitrationThe decree clarifies that the arbitration can resolve controversies on any “patrimonial disposable right“, including (but not exclusively), in relation to the concession agreements […]
The Brazilian Securities and Exchange Commission (“CVM”) issued yesterday, on September 30, 2019, the CVM Resolution 829 (“Resolution 829”), which set forth a new procedure for publicly-held companies to publish the documents required by Law 6,404, of December 15, 1976, as amended (“Brazilian Corporate Law”) and CVM regulations, in consonance with the new wording of […]
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