Within the Program "Brasil Maior", Law no. 12,546/2011 created the Social Security Contribution on Gross Income which, until Dec. 31, 2014, and for some economic sectors, will replace the Social Security Contributions provided for in items I and III of article 22 of Law no. 8,2 12/91, calculated, in turn, on the total remuneration paid, due, or credited to ensured employees, autonomous workers, and individual taxpayers.
A summary of the Tax Credit Recovery program of the Federal District.
The Full Bench of the Brazilian Supreme Court recently analyzed the constitutionality of the levy of income tax on profits.
A discussion on Law no. 12,249/2010, which created the fines that correspond to 50% of the value of
credits subject of non-ratified Offsetting Statements or undue or non-granted Refund Requests.
On a monthly basis, our firm follows up on the trials held at the Superior Chamber of Tax Appeals of the Administrative Council of Tax Appeals of the Treasury Ministry, the last administrative court for the judgment of the validity/legality of the required federal taxes.
The Federal Official Gazette published on December 24, 2012, SINIEF Adjustment nº 27/2012, which postponed to May 1st, 2013, the beginning of the mandatory presentation of the Import Content Report (Ficha de Conteúdo de Importação - "FCI"), provided for by SINIEF Adjustment 19/2012.
A discussion on the recent changes in the Brazilian transfer pricing rules, introduced by MP 563.
The Full Court of the Federal Supreme Court will start to hear, next Wednesday, the issue concerning the charge or not of the income tax on profits earned by associate companies or subsidiaries abroad.
Provisional Measure nº 563 has been announced to amend the wording of Law nº 9.430 and brought important changes in connection with the transfer price control in Brazil.
Circular of the Central Bank of Brazil no. 3.624 was published on February 6, 2013, establishing the filing term for the Statement of Brazilian Capital Abroad relative to the base dates of December 31, March 31, June 30, and September 30 of each year.
Law no. 12,788, resulting from the conversion of Provisional Measure no. 578, of August 31, 2012, was published on January 15, 2013.
Decree Nr. 7.894, dated January 30, 2013, was published yesterday amending the Regulation of the Tax on Financial Transactions, concerning in particular the Tax on Foreign Exchange Transactions levied upon the inflow of funds in Brazil.
A discussion on the effects of Joint Resolution no. 1 of the Treasury Office and Attorney General Office of the Stte of São Paulo, dated February 28, 2013, came into force, ruling on the necessary administrative proceedings for the settlement of debts of the Tax on the Circulation of Goods and of the Tax on the Circulation of Goods and Provision of Interstate and Intercity Transportation and Communications Services, within the Special Installment Agreement Program.
Law nº 12.546 was published on December 14, 2011, consequent of Provisional Measure nº 540/11, which provided for the applicability of the social security contribution to the companies engaged in the footwear, apparel, leather, Information Technolog, Information and Communications Technology and Call Center areas, and established the Special Regime of Reintegration of Tax Amounts for the Exporting Companies.
The Federal Supreme Court recognized the general repercussion of the discussion involving the levy of the Contribution to the Social Security Funding and the Employees’ Profit Participation Program charged on revenues earned from leases, including real estate owned by the company.
Normative Rule of the Federal Revenue of Brazil ("IN/RFB") no. 1.333, published on January 19, 2013, provides for the filing of the Annual Income Tax Adjustment Return ("DIRPF") referring to the fiscal year of 2013, calendar year of 2012, by individuals that are considered resident in Brazil.
Within the Program "Brasil Maior", Law no. 12,546/2011 created the Social Security Contribution on Gross Income which, until Dec. 31, 2014, and for some economic sectors, will replace the Social Security Contributions provided for in items I and III of article 22 of Law no. 8,212/91, calculated, in turn, on the total remuneration paid, due, or credited to ensured employees, autonomous workers, and individual taxpayers.
The First Section of the Superior Court of Justice has just finished the judgment of the Special Appeal no. 1.322.945/DF and decided favorably to the taxpayers to assure the exclusion of amounts paid by the employers during the holidays and maternity license of social security contributions basis, calculated on the total remuneration paid, due, or credited to ensured employees, autonomous workers and individual taxpayers.