News

Payment of royalties does not generate PIS/COFINS credits

Payment of royalties does not generate PIS/COFINS credits

According to Consultation Solution No. 117, issued by the General Tax Coordination Office (Cosit) of the Federal Revenue Service, the payment of royalties to a company domiciled in Brazil, for use of trademark and image, for the manufacture, distribution and sale of...

STF adjudicates on additional collection of ICMS upon e-commerce

STF adjudicates on additional collection of ICMS upon e-commerce

The Federal Supreme Court (STF) has initiated the trial that will determine whether States can levy the tax rate differential (Difal) for ICMS (State Goods and Services Tax) upon e-commerce or if, otherwise, it is necessary to wait for the National Congress to issue a...

Special Tax Regularization Program may reopen term of exemption

Special Tax Regularization Program may reopen term of exemption

The Special Tax Regularization Program (PERT) of the Internal Revenue Service and the Attorney General’s Office of the National Treasury may have its registration deadline reopened, with availability until December 31, 2020. The possible reopening is ready to be...