Brasil e Mundo – notícias do mês

Mercosul e União Europeia Há um ano e meio em renegociação, a cúpula do Mercosul tem se esforçado para tirar o acordo do papel com a União Europeia. Depois de muitas idas e vindas – especialmente pelas barreiras impostas pelas políticas-econômicas dos presidentes anteriores no Mercosul e Venezuela – o impasse continua basicamente o mesmo,…

The Vienna Convention on contracts for the international sale of goods is already a reality in Brazil

There are many issues in the legal field today regarding international contracts for the sale of goods, differences of legal regimes, religion, culture, and language, for instance, come as a barrier to cross-border transactions between companies and entrepreneurs from all over the World. These hindrances serve as discouragement to companies to expand their activities and…

Brazilian supreme court rules on the exclusion of state VAT from PIS/COFINS

Brazilian Supreme Court (STF) has recently decided for the unconstitutionality of considering theState VAT (ICMS)in the tax base of contributions PIS and COFINS. The tax base to calculate such contributions is the companies’ turnover, or gross revenue. In the Supreme Court’s ruling on RE (extraordinary appeal)n. 574.706 it was acknowledged that State VAT (ICMS) should…

Inputs destined to the production of rendering of services can reduce the cost of products and services

The Federal Laws n. 10.637/2004 and 10.833/2003 establish that a company may offset social contribution (PIS and COFINS) credits, calculated in relation to goods and services acquired to be used as inputs in the rendering of services, in the production and/or manufacture of goods and products destined to sale. However, the referred laws do not…