In May 2016, the Brazilian Federal Revenue Office (RFB) published tax ruling 63 on the application of the profit margins to be used in the calculation of the transfer price using the Resale Price Method – RPM.

Em março de 2017, o famigerado Recurso Extraordinário 574.706 foi julgado, pela nossa Corte Suprema, de forma favorável ao contribuinte, no sentido de ser juridicamente possível a exclusão do ICMS da base de cálculo do PIS e da COFINS.

Como se sabe, con la publicación de la "Portaría PGFN 33/2018", que entra en vigor 07/06/2018, se instituyeron nuevos procedimientos administrativos en la esfera federal, buscando entre otros objetivos, ...

Constitutional Amendment 87 has changed how the Tax on the Circulation of Merchandise and Services, or ICMS, is divided in transactions with goods and the performance of services for a final consumer in another state.

Nevertheless, this subject remains controversial and has not yet been settled in the Brazilian Superior Courts.

Provisional Measure 899/2019 must be converted into law within 60 days of its publication in order to remain applicable.

O referido Programa tem por objetivo fomentar o desenvolvimento da indústria automotiva nacional mediante a concessão de incentivos fiscais.

Important changes to the rules include:

Due to the health crisis arising from the COVID-19 pandemic, the Federal Government decreed a state of public calamity in Brazil and most governors and mayors ordered "non-essential activities" to be shut down.

The recent Normative Ruling 1,870/2019 has amended Brazilian domestic legislation on transfer pricing, clarifying some details on how it is calculated.

Supplementary Law 155/2016 sets forth new provisions to govern legal aspects related to the capital contributions made by angel investors in startups.

On July 9, 2014, Provisional Measure 651/2014 made significant changes to PIS and COFINS legislation.

A atividade de resseguros no Brasil era exercida, desde 1939, sob o monopólio do Instituto de Resseguros do Brasil – IRB, autorizado a operar nesse setor pelo então presidente Getúlio Vargas.

Ressalta-se que as previsões da Medida Provisória sobre PLR não estão em vigor ainda.

Con base en reiteradas decisiones en casos concretos sobre su jurisdicción, el CARF elabora enunciados de súmulas que actuan como guía, o sea, como recomendación del modo por el cual deverá ser juzgada una determinada materia tributaria.

The bill still has to be approved by the whole Lower House and the Senate in order to come into force.

The LGPD was signed by President Michel Temer with some vetoes and will go into effect 18 months after its publication.

There have been important Developments in Brazil's DTC network in the last month. In a nutshell, Brazil and Poland are negotiating a DTC aiming to facilitate trade and economic relations between the countries, which currently face obstacles.

The Supreme Court reached a majority decision to criminalize the non-payment of declared ICMS tax.

Topics discussed: ICMS Tax War May be Coming to an End; Tax Reform Under Discussion; Reintegra Benefit Reduced to 2% in 2018; Brazil and Japan Sign a Mutual Cooperation Agreement...