News

Confaz publishes agreement to release ICMS installments

Confaz publishes agreement to release ICMS installments

The National Council of Finance Policy (CONFAZ) published, on October 11, seven agreements to authorize states and the Federal District to offer special ICMS installments. These agreements benefit the states of Sao Paulo, Rio Grande do Sul, Sergipe, Acre, Rondonia,...

FSC will judge PIS and COFINS exclusion from the tax base

FSC will judge PIS and COFINS exclusion from the tax base

The Federal Supreme Court (FSC) will analyze the exclusion of PIS and COFINS from its own calculation base. Even with no forecast for the trial to be judged (RE 1233096), six of the eleven ministers had already voted for general repercussions by October 15. In a...

Government sanctions PM of Economic Freedom

Government sanctions PM of Economic Freedom

President Jair Bolsonaro sanctioned, on September 20, the Provisional Measure of Economic Freedom. The PM was presented in order to reduce bureaucracy and facilitate the opening of companies, especially micro and small. The new law eases labor rules and exempts time...

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...