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Legal Developments - Law Firm Thought Leadership by Finocchio & Ustra Sociedade de Advogados

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Brazil: are we more mature about corporate compliance best practices?

Finocchio & Ustra Sociedade de Advogados | May 4, 2022

To optimize your time, the answer to the above question will be given in the first sentence of this article: it seems so. At least this is the feeling we get when we read news about situations that, in the recent past, would not be on the agenda.

Good news for the Brazilian footballing industry

Finocchio & Ustra Sociedade de Advogados | April 11, 2022

In August 2021, during the Covid-19 pandemic, the Brazilian President passed a law long-awaited by the football teams throughout the country – Law No.14,193/2021, known as the “Lei da Sociedade Anônima de Futebol (SAF)”, or the Football Corporation Law. This law finally allowed football teams to be incorporated as a corporation (SAF – football corporation), …

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Brazilian new railway legislation (and why it may be a great opportunity for passenger rail transport investments)

Finocchio & Ustra Sociedade de Advogados | February 28, 2022

At the end of 2021, the new Brazilian railway law (Law nº 14.273/2021) was finally approved, it promises to facilitate and optimize the expansion of railway transport and, as a consequence, to expand the already existing options to the outflow of goods throughout the country. With the consolidation of the brand new authorization regime – …

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Confusion and changes to the Brazilian State Goods and Services Tax (ICMS) in early 2022: how a ruling by the Supreme Court created a new and unconstitutional law in Brazil

Finocchio & Ustra Sociedade de Advogados | February 7, 2022

As many readers may know, taxes are not straightforward anywhere in the world but this is particularly true in Brazil and even more so when one looks at Brazil´s indirect taxation on sales and goods, the “Imposto sobre Operações relativas à Circulação de Mercadorias e sobre Prestações de Serviços de Transporte Interestadual e Intermunicipal e …

Continue reading “Confusion and changes to the Brazilian State Goods and Services Tax (ICMS) in early 2022: how a ruling by the Supreme Court created a new and unconstitutional law in Brazil”

Perspectives for teleworking in Brazil

Finocchio & Ustra Sociedade de Advogados | December 3, 2021

It was already notorious that the feasibility of implementing remote working had been discussed for a long time. While many companies already saw this condition as an advantage, others were still quite resistant to the idea.

The main aspects of the Brazilian income tax reform proposal

Finocchio & Ustra Sociedade de Advogados | November 15, 2021

Updates on Brazil’s potential income tax reform are brought by Finocchio and Ustra’s Tax Team.

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