News

In a nutshell On February 7, 2024, the Sao Paulo State Attorney General’s Office (PGE/SP) published Resolution No. 6/2024. The resolution regulates State Law No. 17,843/2023 on tax settlements. In addition, on February 7, 2024, PGE/SP also published the first call for adherence (PGE/SP Notice No. 1/2024) providing for the possibility to settle ICMS debts […]

In summary Bill of Law No. 7 of 2024 (“PL 7/2024”), proposed by State Representative Donato, aims at the amendment of State Law 10.705 of 2000, which provides for Estate and Gift Tax (so called “ITCMD”) in São Paulo, to establish progressive rates of up to 8%, as follows: *Currently one UFESP corresponds to BRL […]

In brief The Ministry of Labor and Employment has updated the “Portal Emprega Brasil” to enable companies to proceed with the Declaration of Equal Pay and Remuneration Criteria for the first half of 2024, which must be completed by February. According to the latest regulations on the matter (Decree 11,795/2023 and Ordinance 3,714/2023), companies will […]

In brief The National Congress recently overturned a presidential veto to re-establish provisions set out in Bill of Law No. 4.188 of 2021, which was converted into Law No. 14.711/2023. In more detail The purpose of Law 14.711/2023, known as the Legal Framework for Guarantees, is to make it easier to locate the debtor’s assets […]

In summary On December 15, 2023, Federal Law No. 14.755/2023 was published, establishing the National Policy on the Rights of People Affected by Dams. This is a complementary law to the National Dam Safety Policy and aims to establish the rights of People Affected by Dams, the Program for the Rights of People Affected by […]

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. […]