Presidential Sanction and Enactment of Law No. 15,270/2025 Confirm the Relevance of Corporate Decisions in 2025 Regarding Dividends Related to Profit Reserves Accumulated up to 12.31.2025 On November 05, 2025, the Federal Senate unanimously approved Bill No. 1,087 of 2025 (“Bill No. 1,087/2025” or the “Bill”) aimed at amending the Income Tax (“IT”) legislation, specifically, […]
Read moreProvisional Measure creates new tax benefits for NRI and reduces tax benefits requirements for FIP quotaholders’ NRIs On September 22, 2022, it was published on the Federal Government’s Official Gazette (“DOU”) Provisional Measure No. 1,137, of September 21, 2022 (“MP No. 1,137/2022”), which reduced to zero the Withholding Income Tax (“WHT“) rate on certain financial […]
Read moreRFB publishes Interpretative Act on the Origin of Investments made by 4,373 Non-Resident Investors for purposes of applying Special Tax Regime On December 20, 2019, the Brazilian Federal Revenue (“RFB”) published Interpretive Declaratory Act (“ADI”) No. 05, of December 17, 2019 (“ADI RFB No. 05/2019”), which deals with the interpretation to be adopted by Tax […]
Read moreExclusion of TUSD / TUST from the ICMS tax base In recent years, the Courts have recognized that the tariffs of the TUSD (Distribution System Use Rate) and TUST (Rate of Use of the Transmission System) should be excluded from the State Goods and Services Tax (ICMS) calculation basis. In summary, the TUSD / TUST […]
Read morePIS/COFINS taxes – Financial Institutions – Exclusion of Provisions for Non-performing Credits (“PCLD”) September 08, 2017 Financial institutions (“FIs”) await the Brazilian Supreme Court’s decision on whether Social Integration Tax (PIS) and Social Contribution Tax (known by the Portuguese acronyms “PIS” and “COFINS”, respectively, and to which we will refer to as “PIS/COFINS”) is assessable […]
Read moreDecree No. 8,325/2014 Amendments to the IOF Regulation October 14, 2014 On October 08, 2014, Decree No. 8,325, of October 07, 2014 (“Decree No. 8,325/2014”) was published on the Federal Official Gazette (“DOU”), (i) amending Articles 8 and 32 of Decree No. 6,306, of December 14, 2007 (“Decree No. 6,306/2007”), which regulates the Tax on Credit, Foreign […]
Read morePM No. 651/2014: Amendments to Tax Legislation – Taxation applicable to Financial and Capital Market and PIS/COFINS July 22, 2014 On Friday, July 11, 2014, Provisional Measure (“PM”) No. 651, of July 10, 2014 was published on the Federal Official Gazette, which has made several amendments to the Brazilian tax legislation. Among other subjects, PM […]
Read moreMP 232/04 – Tax Law Amendments Read the entire article Click here
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