COVID-19: TAX IMPACTS
I – FEDERAL COURT AUTHORIZES COMPANY TO POSTPONE PAYMENT OF FEDERAL TAXES The Federal Justice of the Federal District handed down a decision today (03/26/2020), authorizing a company to postpone the collection of federal taxes (namely: IRPJ, CSLL, PIS, and COFINS), in view of the financial loss caused by the pandemic resulting from the coronavirus […]
ENTRY INTO FORCE OF THE LAW OF REGULARIZATION OF BUILDINGS OF THE MUNICIPAL SÃO PAULO – MUNICIPAL LAW n° 17.202/19
On January 1, 2020, Municipal Law No. 17,202/2019 sanctioned on October 16, 2019, which deals with the Regularization of Buildings in the Municipality of São Paulo, better known as the Amnesty Law, went into effect. The new legislation aims to deburocratize the process of real estate regularization and seeks to reach around 750,000 real estate […]
AERONAUT’S LAW: RELAXATION OF OPERATIONAL LIMITS BY ANAC
On the subject, ANAC has already issued Supplemental Instruction (“IS”) 117-002 which deals with the Basic Level of Fatigue Management – NB, IS 117-003 which deals with Fatigue Risk Management – GRF, and IS 117-004, which brings guidelines for implementing a SGRF for operators who have a GRF accepted by ANAC. The aeronaut law (law […]
DECREE NO. 10,173 OF DECEMBER 16, 2019 AND THE CLEARANCE IN THE FIGHT AGAINST FRAUD IN OPENING COMPANIES
Decree No. 10,173, dated December 16, 2019 came to amend Decree No. 1,800, dated January 30, 1996, providing for the Public Registry of Commercial Companies and Related Activities (“Decree”), and aims to make life easier for citizens who have suffered fraud while opening or other company-related acts. These rules were inserted in the set of […]
COVID-19 – TAX IMPACTS – 01/2020
I – PGFN ORDINANCE NO. 7,820/2020 PROVIDES FOR EXTRAORDINARY TRANSACTIONS IN THE COLLECTION OF THE FEDERAL OVERDUE LIABILITIES The National Treasury Attorney General’s Office issued Ordinance No. 7,820/2020, which establishes a proposed agreement for taxpayers to pay their federal debts registered in the active debt in view of the financial effects caused by the coronavirus […]
Paulistas are entitled to the refund of ICMS from ST prior to October 2016
The Federal Supreme Court, when judging Extraordinary Appeal No. 593849, under the general repercussion system, decided that the states must return to the taxpayers the ICMS-ST difference existing when the effective tax base is lower than the presumed one. It also established that those who have already filed a lawsuit on the matter are entitled […]
The Brazilian IRS understands that retail companies are entitled to obtain PIS and COFINS credits in relation to advertising and publicity expenses
A decision was handed down by the 1st Panel of the Brazilian Federal Revenue Judgment Office (DRJ) in Juiz de Fora, which considered expenses with advertising and propaganda to be essential and relevant to the retail trade, equating them to inputs, annulling part of the tax assessment notice regarding the taking of PIS and COFINS […]
The Administrative Council of Tax Appeals – CARF ruled out the levy of social security contribution on the hiring bonus
The 2nd Panel of the Administrative Council of Tax Appeals has already issued decisions recognizing the non-levy of social security contribution on the hiring bonus. According to the Attorney General of the National Treasury, the bonus should be taxed, because it is remuneration, since there is predictability in its payment. Taxpayers say that the hiring […]
COVID-19: PROTECTIVE MEASURES FOR THE AIRLINE INDUSTRY
The aviation sector was one of the hardest hit with the COVID-19 pandemic and the restrictive measures that required social distancing and/or isolation (as applicable). With a significant drop in demand and cancellation of international flights and reduction in the domestic market and with fear of triggering an unprecedented crisis in the area, which represented […]
The Administrative Council of Tax Appeals – CARF decided that expenses with fuel and fleet maintenance generate PIS and COFINS credits for the wholesale activity
The 3rd Regular Panel of the Administrative Tax Appeals Council (CARF) decided that expenses with fuel and vehicle fleet maintenance generate PIS and COFINS credits for a company with wholesale activities, based on the decision handed down by the Superior Court of Justice, which judged Repetitive Appeal No. 1221170. The Superior Court established in the […]