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  • Article

    Rio De Janeiro′S Finance State Secretary Enacts Resolution SEFAZ # 1,000/2016 Determining The Dismissal Of Tax Assessments And Written Notices Claiming The Payment Of State VAT (ICMS) On Goods Imported Without Change Of Ownership

    The Resolution SEFAZ RJ #. 1,000 / 2016, enacted on 27 April, 2016, determined the dismissal of tax assessments and written notices claiming the payment of the State VAT...
    BrazilTax
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Sao Paulo Clarifies ICMS Taxation On Software Transactions Via Download

    Decree 61,791/2016 was published on January 12, 2016, clarifying that ICMS will not be charged upon transactions with software, apps, electronic files, and electronic games, performed via electronic transfer of data.
    BrazilTax
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    RFPs For The Public Tender Promoting The Leasing Of Port Terminals In Pará Are Released

    On January 22, 2016, the Brazilian Agency of Water Transport (ANTAQ) released the RFPs related to the second stage of the first block of port terminals to be auctioned through the government's logistics investment program.
    BrazilGovernment, Public Sector
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    CETESB - São Paulo State Environmental Protection Agency Issues Decision On The Presentation Of Technical Information

    The Board Decision No. 69/2016/P, issued by CETESB - São Paulo State Environmental Protection Agency, which provides on the presentation of studies, technical reports...
    BrazilEnvironment
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Possibility Of Prepayment Of Infrastructure Debentures

    The Brazilian Monetary Counsel has authorized, in accordance with Resolution 4.476, issued on April 11, 2016, the prepayment of infrastructure debentures described in Article 2 of Law 12.431/2011.
    BrazilFinance and Banking
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    New Brazilian Government To Fast Track Infrastructure Projects

    Brazil's new transition government has indicated that revitalizing the Brazilian economy is its main priority.
    BrazilGovernment, Public Sector
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Sete Brasil Requested Its Judicial Reorganization Proceeding In Brazil

    The lawsuit was assigned to the Third Business Court of the City of Rio de Janeiro, State of Rio de Janeiro...
    BrazilInsolvency/Bankruptcy/Re-Structuring
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Brazilian Ministry Of Culture Opens Two Public Consultations Regarding The Copyright Collection Over The Internet And The Provision Of Information On Music Within Audiovisual Works To Collecting Societies

    The Brazilian Ministry of Culture ("MC") made available for public consultation two drafts of Normative Rulings ("NRs") that aim to establish, respectively, the rules for the copyright collection on "digital environments" and the regulation on the provision of information related to music within Brazilian movies and TV shows to collecting societies. Comments to the drafts can be submitted until March 30.
    BrazilIntellectual Property
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Brazilian Supreme Court Suspends Opinion That Was Authorizing The Acquisition Of Rural Properties By Brazilian Companies Controlled By Foreigners, In The State Of São Paulo

    In a decision dated September 1, 2016, the Supreme Court Justice Marco Aurélio granted an injunction to suspend the Opinion nº. 461-12-E issued by the Magistrate...
    BrazilReal Estate and Construction
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Brazil Launches Public Hearings For Privatization Of Airports

    Last October 28, Brazil's National Aviation Agency (ANAC) disclosed the draft RFP in connection with the privatization of the international airports of Florianópolis, Fortaleza...
    BrazilTransport
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    The Federal Court Of Accounts Determined The National Agency For Waterway Transportation (ANTAQ) To Regulate The Activities Of Foreign Shipowners In The Long Distance Shipping

    In June 2016, the Federal Court of Accounts (TCU) ruled in the sense that the National Agency for Waterway Transportation (ANTAQ) was failing to inspect and regulate foreign shipowners operating in the long distance shipping in Brazil.
    BrazilTransport
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    State Of Rio De Janeiro Imposes ICMS On Oil Extraction

    On December 30, 2015, the Official Gazette of the Rio de Janeiro published Law # 7,183/2015 providing for the State VAT (ICMS) levy on the E&P activities within the State.
    BrazilEnergy and Natural Resources
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Patent Prosecution Highway Signed With The United States Benefits Oil And Gas Industry In Brazil

    Last July 19th, 2016, the Brazilian Patent and Trademark Office (BPTO) published the most recent batch of patent applications allowed to the Patent Prosecution Highway (PPH).
    BrazilIntellectual Property
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Declaration Of Assets Held Abroad By Individuals And Entities Resident And Domiciled In Brazil ("CBE")

    Please be reminded that in compliance with the National Monetary Council Resolution ("Resolução") No. 3,854, of May 27, 2010 and the Brazilian Central Bank′s Ruling ("Circular") No. 3,624...
    BrazilGovernment, Public Sector
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Federal Decree Exempt Foreign Documents From Legalization

    On February 1st, 2016, the Federal Decree nº 8,660/2016 was published in the Federal Official Gazette...
    BrazilGovernment, Public Sector
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    New Law Of Innovation Is Published By The Federal Official Gazette

    One of the main innovations in the new law is the introduction of the concept of intellectual capital as an asset to be the object of cooperation between companies and public agencies...
    BrazilGovernment, Public Sector
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Brazilian IRS Defines The Concept Of Substantial Economic Activity And Amends The List Of Privileged Tax Regimes And Low Tax Jurisdictions - Inclusion Of Austria And Ireland

    IN 1,658/16 changes the wording of IN 1,037/10, which lists jurisdictions considered by the Brazilian tax authorities as low tax jurisdictions and privileged tax regimes.
    BrazilTax
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Provisional Measure No. 694/2015 Is No Longer Valid

    Provisional Measure No. 694, enacted on September 30, 2015, is no longer valid, in view of the expiration of the deadline for its conversion into law.
    BrazilTax
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    The Brazilian Government Launched A Public Hearing To Discuss New Local Content Rules For The Oil And Gas Sector

    PEDEFOR′s Executive Office published the draft Resolution of PEDEFOR′s Directive Committee No. 03/2016, which is opened for suggestions of the interested parties until November 18..
    BrazilEnergy and Natural Resources
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Changes In The Foreign Direct Investment Registration

    On November 24, 2016, the Central Bank of Brazil issued Resolution No. 4,533 of the CMN, which modifies Resolution 3,844 of March 23, 2010, with the purpose of simplifying the registration...
    BrazilGovernment, Public Sector
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados

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