In brief SECEX (The Brazilian Secretariat of Foreign Trade) opened on January 5th, 2024, a new antidumping investigation against Brazilian imports of polyether polyols with molecular weight between 300 and 4,500 g/mol and a purity level of 90% or more, originated from China and the United States of America, and commonly classified under the NCM code 3907.29.39. The investigated product […]
In summary The decree promulgating the Nagoya Protocol on Access to Genetic Resources and the Fair and Equitable Sharing of Benefits Derived from their Utilization to the Convention on Biological Diversity, signed by Brazil in February 2011, was published on 28 December 2023. More details Approved by the National Congress in August 2020 (through Legislative […]
In brief On January 5th, 2024 (Friday), the Ministry of Finance published MF Normative Ruling No. 14/2024, with the purpose of establishing limits for the use of credits arising from a final and conclusive court decision for offsetting credits above R$ 10,000,000.00 with federal debts. More details For credits above R$ 10,000,000.00, recognized by a […]
In brief Following the publication of Federal Law No. 14,701/2023 with vetoes by the Brazilian President Luis Inácio Lula da Silva, the National Congress decided to overturn part of the vetoes, re-establishing the original text that provides for a temporal milestone thesis for demarcating Indigenous Lands in Brazil. The updated version of Federal Law No. […]
In summary On 5 December 2023, CONSEMA Resolution No. 500/2023 (“Resolution“) was published, establishing the guidelines for implementing reverse logistics for packaging in general in the state of Rio Grande do Sul. In summary, this Decree follows the trend in other states — conceptualizing and specifying the procedures and obligations for structuring reverse logistics systems […]
As an update on the main discussions held at COP28, our Environment, Climate Change and Sustainability team has prepared a brief guide. Check it out: References: 1 https://unfccc.int/sites/default/files/resource/cop28_auv_8g_lnd.pdf 2 https://unfccc.int/news/cop28-agreement-signals-beginning-of-the-end-of-the-fossil-fuel-era 3 Ibid. 4 https://www.cop28.com/en/ 5 https://www.cop28.com/en/global-renewables-and-energy-efficiency-pledge 6 https://www.cop28.com/en/ 7 https://www.cop28.com/en/cop28-uae-declaration-on-hydrogen-and-derivatives 8 https://www.cop28.com/en/news/2023/12/Oil-Gas-Decarbonization-Charter-launched-to–accelerate-climate-action 9 https://www.sambiental.com.br/noticias/declaracao-sobre-clima-e-saude-em-parceria-com-oms 10 https://gfi.org.br/cop28-brasil-e-mais-133-paises-assinam-declaracao-inedita-se-comprometendo-a-produzir-alimentos-de-forma-mais-sustentavel/ 11 https://unfccc.int/sites/default/files/resource/cma5_auv_4_gst.pdf 12 This text reflects the Global Renewables and Energy Efficiency Pledge. 13 At COP26, the parties adopted the Glasgow Climate […]
1 – Scope of Law n.º 14,789/2023 Law n.º 14,789/2023 revoked, as of January 1st, 2024, the existing legal provisions relating to (i) the exclusion of investment subsidies from the IRPJ and CSLL (corporate income taxes) basis, and (ii) the non-levy of PIS/COFINS (turnover contributions) on these subsidies The Law instituted a new “Tax Credit” […]
In brief On December 29, 2023 relevant tax legislation was published: Complementary Law No. 204/2023 (“LC 204/23”), result of the President’s approval with veto of Complementary Law Project No. 116/2023, issued to adjust LC 87/1996 to the Federal Supreme Court decision rendered in ADC 49, which recognized the unconstitutionality of the levy of ICMS on […]
In brief On December 27, 2023, new decrees of Brazil’s President were published nominating the four new commissioners to CADE’s Administrative Tribunal: Camila Cabral Pires Alves, Carlos Jacques Vieira Gomes, Diogo Thomson de Andrade and José Levi Mello de Amaral Júnior. According to an order published on December 28, Diogo Thomson de Andrade already took […]
