Taxpayers can now pay overdue tax liabilities with the amount received in special court orders
A federal rule was issued on October 16, 2019 giving taxpayers new options to settle their debts with the National Treasury (Provisional Measure No. 899/2019, known as MP 899). The Office of the Attorney General to the National Treasury (“PGFN”) then issued an ordinance regulating the provisions of MP 899, by laying down the procedures, […]
A new Bill to regulate arbitration of tax matters
Bill No. 4.257/2019, drafted by Senator Antonio Anastasia, was presented in August 2019 to the Senate introducing the administrative tax enforcement proceedings and the option to submit tax matters to arbitration. If approved, the new Bill will give taxpayers the option to submit certain types of tax disputes to arbitration. One justification for the need […]
The New Brazilian Franchising Law
On December 26, 2019, President Jair Bolsonaro enacted the new Brazilian Franchise Law (BFL), which should come into force in March, 2020, when the current legislation will expire. It is a legal framework that brings important changes to increase transparency in the franchisor-franchisee relationship. Here are the main changes you should be aware of: Expansion […]
The Green and Yellow Agreement: economic benefits for the company
1/2/2020 Published on November 12, 2019, Provisional Measure No. 905 introduced different novelties in the legislation in force, aiming at stimulating the hiring of young adults between 18 and 29 years old. Among others, this measure is part of a package created by the current president of Brazil to reduce unemployment in the country. The […]
The consent of spouse in common law marriages
1/2/2020 The requirement of consent of spouse for acts involving the disposal of assets acquired while the owner was under a common law marriage (“CLM”), which is generally required for married couples, is a matter of great controversy due to the lack of express legal provisions. Article 1.647, items I, III and IV, of the […]
Brazilian Revenue Service lays down new rules on how to calculate the credit arising from social contributions PIS/COFINS
1/2/2020 The Brazilian Revenue Service has recently published a normative ruling (IN No. 1,911/19) to regulate the calculation, charge, overseeing, payment and management of social contributions PIS/COFINS and PIS/COFINS on Imports. The new normative ruling lays down new rules, revokes over fifty other normative rulings and opens up a discussion on the calculation of the […]
