ABSENT EMPLOYEES DUE TO COVID-19 | POSSIBLE EXCLUSION OF REMUNERATION FROM THE CALCULATION BASIS OF SOCIAL SECURITY CONTRIBUTIONS
Because of the restrictive measures implemented by the authorities to contain the spread of the new coronavirus, many companies have had to remove employees from their activities, keeping them in the same position.ndo the payment of wages, especially in cases of suspected contamination. The levy of social security contributions on the payroll is based on […]
RESOLUTION CMN NO. 4,797 AND THE PROHIBITIONS ON DISTRIBUTING RESULTS AND INCREASING THE COMPENSATION OF MANAGERS FOR A FIXED TERM
In the midst of the Covid-19 pandemic, with the objective of ensuring the solidity, stability and regular functioning of the National Financial System, the National Monetary Council published Resolution no. 4,797, on April 6, 2020 (“Res. CMN 4,797“). The Res. CMN 4,797 established, for a determined term, limitations to the distribution of results and the […]
STF RECOGNIZES WAGE REDUCTION AND SUSPENSION OF LABOR CONTRACTS BY INDIVIDUAL AGREEMENT
On 04/17/2020, the Plenary of the Federal Supreme Court (STF), by 7 votes to 3, denied the injunction decision issued by Minister Ricardo Lewandowski in the Direct Unconstitutionality Action (ADI) 6363/2020, proposed by Rede Sustentabilidade, which in some cases could making the individual agreement to reduce salary and working hours unviable, as well as the […]
CORONAVIRUS – RECENT ANNOUNCED LABOR MEASURES AND EXISTING ALTERNATIVES
The world is experiencing an unprecedented pandemic due to the new coronavirus agent (COVID-19). Inevitably, some economic sectors will be greatly affected, since, for To prevent the spread of the virus, several restrictive measures are being adopted, especially to avoid contact between people. Please note that this newsletter was finalized on 03/25/2020 at 4:00 pm […]
THE EFFECTS OF THE CORONAVIRUS PANDEMIC ON THE EXECUTION OF CORPORATE CONTRACTS
With the adoption of the necessary public measures to contain COVID-19 in Brazil, we are faced with intense developments in the global business ecosystem, developments that greatly affect the dynamics of contemporary Brazilian business, from the reliability of the country’s economic development forecasts to the fulfillment of the most ordinary commercial obligations agreed upon among […]
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 […]