News

Foreign remittance of profits must be taxed up to 25%

Foreign remittance of profits must be taxed up to 25%

In August, the Federal Senate Foreign Relations Committee (FRC) approved Bill 215/2018 presented by Senator Jader Barbalho (MDB-PA), which imposes the collection of income tax on remittances of profits and dividends to individuals and corporations resident or...

Tax reform must be approved by the end of the year

Tax reform must be approved by the end of the year

After the pension reform, the expectation is now for the approval of the tax reform. Two reform proposals aimed at replacing taxation over consumption with a Value Added Tax (VAT) are under debate: PEC 45, in a special committee of the House of Representatives, and...

Proposal to update Judicial Recovery and Bankruptcy Law

Proposal to update Judicial Recovery and Bankruptcy Law

Soon, a proposal to update the Law on Judicial Recovery and Bankruptcy will be submitted to the National Congress. The aim is to empower creditors and thus force a reduction in bank spread. Under the new legislation, the court administrators would have to present an...