In a recent decision, the Regional Federal Court of the 3rd Region ("TRF 3") decided that the Withholding Income Tax ("IRRF") must not be charged on international remittances made by a Brazilian …
Labor Court Recognizes Indemnification for Moral Damages Resulting from Delay of Severance Payments
A recent decision of the Labor Court (TRT15), which comprises Campinas city and its surrounding areas, recognizing the right of compensation for moral damages resulting from delays of severance …
CVM Regulates Crowdfunding in Brazil
Empresas poderão captar até 5 milhões online The Brazilian Securities Commission (Comissão de Valores Mobiliários - CVM) has enacted on July 13, 2017, Regulation ICVM n. 588, regulating …
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Municipality of São Paulo Creates New Installment Payment Program (PPI 2017)
The Municipal Law nr. 16,680, published on July 5, 2017, created a new municipal Installment Payment Program (“PPI 2017”), for the payment of tax and non-tax debts, related to taxable events occurred …
BACEN and CVM penalties after promulgation of MP 784/2017
Recent events in Brazil involving major scandals in public-private relations have certainly led the country to the epicenter of countless internal debates under the spotlight of transparency, ethics …
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A Unique Golden Window to Invest in Brazil
Brazil has been hit by a series of setbacks and crises in the last five years. Falling commodities prices, a sharp rise in the dollar and internal political turmoil have driven a wedge in Brazil’s …
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