Publications | Tax
Aiming at counteracting tax planning used by multinationals that take advantage of the heterogeneity of the international system to reduce their overall global tax burden, the Organization for Economic Co-operation and Development (OECD) and the Group of 20 (the so-called G-20, which includes the 19 largest economies in the world and the European Union) started in 2013 the Base Erosion and Profit Shifting (BEPS) Project.
A virtual financial asset very much in vogue, bitcoin is a bet by economists to cheapen transactions, especially those that occur in the international sphere.
Covenant No. 52/2017, recently issued by Confaz (National Finance Policy Council), followed the understanding of the Second Panel of the STJ (Superior Court of Justice) in the sense that the ICMS due under the withholding regime (ICMS-ST) is embedded in its own calculation basis.
Decree No. 9,042, promulgated by the President of Brazil in early May, modified the rules for determining the reference price of oil and the basis for calculating royalties and special participations by adding provisions to Decree No. 2,705/1998.
Bitcoins have gained increasing prominence in the media. In March, the price of each unit surpassed the value of one ounce of gold for the first time. In addition, some online retailers have begun to accept bitcoin as a means of payment, which has also put the virtual currency in the media. Despite this growing popularity, however, bitcoin is still a mystery to many.
A specific point of the Special Tax Regularization Program (PERT), instituted by Provisional Presidential Decree No. 783, of May 31, 2017 ("MP"), has been questioned by some companies and will in many cases be essential in reaching a decision on whether to join the program. It is a reduction of the initiation fee from 20% to 7.5% offered in some situations.
O plenário do Supremo Tribunal Federal encerrou, em março, um dos julgamentos mais esperados pelos contribuintes. O tema: a exclusão do ICMS da base de cálculo do PIS e da Cofins (RE nº 574.706/PR). A tese jurídica firmada pela Corte Suprema é de que o ICMS não compõe a base de cálculo para a incidência do PIS e da Cofins (tema 69 de repercussão geral).
Federal Revenue Service publishes Normative Rulings that regulate the exchange of information between tax authorities – Country-by-Country Report (“CbC”) and Common Reporting Standard (“CRS”).
Law 13,169/2015: increasing of CSLL rate
It was published in the Oficial Gazette, on Thursday, October 7, 2015, Law 13,169/2015, which is the provisional measure 675/2015 conversion into law.
Supreme Court modifies its understanding regarding the tax substitution regime
The Full Court of the Supreme Court ("STF") analyzed the Extraordinary Appeal No.
Provisory Law raises
Income Tax rate for capital gains earned by individuals and changes.
State of Rio de Janeiro approves friendly notification of charge before beginning a tax procedure
Law No.
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