186 results found

A Receita Federal estendeu por 180 dias (i.e., até 26.06.2019) o prazo para indicação dos beneficiários finais das entidades estrangeiras, conforme Instrução Normativa RFB nº 1863/18, publicada hoje.

Provisional Measure 675, published today, increases the rate of the Social Contribution on Net Profits payable by financial institutions from 15% to 20%.

The new decree reduced to zero the PIS and COFINS rates levied on the following financial income...

Provisional Measure 675/201, that will raise the Social Contribution on net Income (CSLL) of financial institutions from 15% to 20%, will be effective from September onwards.

On May 30th 2018, the Brazilian Congress enacted Law 13,670/2018, aiming to compensate the tax relief granted by the federal government on the diesel oil, as an outcome of the recent negotiations...

Brazil's Executive Management Committee of the Foreign Trade Chamber has extended the 12% export tax rate on crude petroleum oils and bituminous mineral oils for an additional 60 days. The extension, formalized through GECEX Resolution No. 957/2026, maintains the tax structure previously established under Resolution No. 938/2026 and takes effect on September 8, 2026.

The Federal Supreme Court recognized the general repercussion of the discussion involving the levy of the Contribution to the Social Security Funding and the Employees’ Profit Participation Program charged on revenues earned from leases, including real estate owned by the company.

The Brazilian Federal Supreme Court has reached a majority decision on the constitutionality of penalties for companies distributing profits while carrying outstanding tax debts. The ruling establishes specific conditions under which such distributions are prohibited, creating new compliance requirements for corporate profit distributions. Companies must now carefully evaluate their tax positions before approving dividend payments and bonuses to shareholders and managers.

Decree No. 8,463/2015 regulated the tax measures relating to the Olympic and Paralympic Games to be held in Brazil in 2016.

Payment of the CIDE and IRRF may be made using credits of any federal tax managed by the Federal Revenue, except social security contributions (INSS).

On May 17, Law No. 12,814 of 05.16.2013 was published, as result of the Conversion Draft of the Provisional Measure No. 594, dated 12.06.2012.

Decree Nr. 7.894, dated January 30, 2013, was published yesterday amending the Regulation of the Tax on Financial Transactions, concerning in particular the Tax on Foreign Exchange Transactions levied upon the inflow of funds in Brazil.

The Government of São Paulo has issued a new decree that fully restores ICMS tax benefits for agricultural machinery and equipment, correcting a previous regulatory change that had inadvertently increased the effective tax burden on the industry.

On a monthly basis, our firm follows up on the trials held at the Superior Chamber of Tax Appeals of the Administrative Council of Tax Appeals of the Treasury Ministry, the last administrative court for the judgment of the validity/legality of the required federal taxes.

A follow up on the trials held at the Superior Chamber of Tax Appeals of the Administrative Council of Tax Appeals of the Treasury Ministry, the last administrative court for the judgment of the validity/legality of the required federal taxes.

The Brazilian Supreme Court has ruled on a significant tax matter involving the treatment of presumed ICMS tax credits in the calculation of PIS and COFINS contributions. This decision establishes a binding precedent that affects how companies must compute their federal contribution obligations when dealing with state-level tax incentives. The ruling addresses a fundamental question about whether accounting entries for presumed credits constitute taxable revenue under Brazilian tax law.

The new Normative Ruling maintains most of the provisions set forth in the precedent regulation with few amendments.

On February 4, 2016, the Federal Supreme Court ruled constitutional the norm that authorizes the collection of Tax on Financial Operations (IOF) levied on the transfer of shares and bonuses of public companies.