Instructions to the Tax Administration – STF decision regarding ICMS elimination from PIS/Cofins calculation basis

The National Treasury Attorney-General's Office (Procuradoria-Geral da Fazenda Nacional - PGFN) published ORDER No. 246, which instructs the Tax Administration, according to the appellate decision about the Motions for Clarification opposed by PGFN on Extraordinary Appeal 574.706/PR.

eSocial: sending of information about Occupational Health and Safety and individuals is postponed

It was announced today, June 8, 2021, on the eSocial Portal, the postponement of the submission of information about individual employers and Occupational Health and Safety for the 1st Group.

Setting up a foreign capital company in Brazil: preparing to seize new opportunities

The Brazilian business market includes rules and procedures that require planning and support during the process of opening companies.

Digital Accounting Bookkeeping (ECD) filing deadline extended

Legal entities must now submit by July 30 2021 the ancillary obligation for the calendar year 2020.

New law reduces from 13% to 7% tax burden on aviation kerosene ICMS in the state of Rio de Janeiro

This affects air transport companies for passengers and goods, air taxi companies and tourism helicopters companies operating in Rio de Janeiro state airports.

Census of Foreign Capital in Brazil: attention to the five-year submission to Bacen

From July 1 to August 16, the Central Bank of Brazil (Bacen) receives declarations regarding the Five-Year Census of Foreign Capital in the Country.

Provisional Measure No. 1,040, 2021 – Term Extension 

Extends Provisional Measure No 1,040/2021, which addresses facilitation for opening companies, protection of minority shareholders, foreign trade facilitation and others.

CGSIM – Addresses simplification measures and provides for the operational model of entrepreneur and legal entity registration and legalization

As from July 1, 2021, legal entities will be exempted from business name previous search if they choose to use the Corporate Taxpayer Identification Number (Cadastro Nacional de Pessoa Jurídica - CNPJ) as its business name.

International Maritime Labor Convention takes effect

Brazil became a member of the Maritime Labor Convention (MLC), an International Labor Organization Convention.

STF finishes the trial concerning the exclusion of ICMS from PIS/Cofins

The Federal Supreme Court (Supremo Tribunal Federal - “STF”), in a historic decision, has sustained on this Thursday (May 13) the interpretation that the ICMS may not be included in the calculation basis of PIS/Cofins
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