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…
The operations performed between related parties shall be documented according to Brazilian Transfer Pricing rules in order to guarantee the deductibility of the costs/expenses they create in the local books. As widely known, Brazil is not a member of the Organization for Economic Co-operation and Development (OECD). In this context, the arm’s length price, in…
Brazilian President Michel Temer has approved on March 31st, 2017, Law n. 13.428/2017, that amended Law n. 13.254/2016 and established a second phase (or a new phase)of the special regime of Foreign Resources’ Repatriation (RERCT). The deadline for applying to the new phase of the special regime is one-hundred and twenty days (120) days counted…
As the Brazilian economy is at a slow pace of recovery, an important economic index seems to be not affected by the ongoing financial and political crisis of the last 3 years. The FDI – Foreign Direct Investment – has had optimistic results in 2016 with the total of U$ 78 billion injected in the…
A Lei nº 4.131, de 3 de setembro de 1962, disciplina a aplicação do capital estrangeiro e as remessas de valores para o exterior. No capítulo relativo “às disposições referentes ao crédito”, esse diploma estabeleceu que o Tesouro Nacional e as entidades oficiais de crédito público da União e Estados – inclusive sociedades de economia…