Infographic: What PEC 45/2019 approved in and what remains to be discussed?

Related publications

Taxation of profits and dividends: legislative change

In Brazil, the distribution of profits and dividends calculated based on the results calculated by the companies is not subject to income tax. In practice, corporate entities tax their profit with a nominal rate, as a rule, at the rate of 34% (income tax “IRPJ”, its additional IRPJ and social contribution on net profit “CSLL”), but their distribution to domestic partners and shareholders is exempt, causing no further taxation. This exemption originates from a legislative change in 1995, with the enactment of Law 9249/95, which…

International Tax Review (ITR)

The tax area of our law firm was recognized by the World Tax ranking, of the publication International Tax Review (ITR), in the General Corporate Tax category. This survey, which is the leading specialized survey on tax practices, annually elects the best lawyers and law firms, in more than 50 countries. We are thrilled with this achievement that reflects the commitment of all our professionals. We also thank our customers and partners for their continued trust in our work. 

Inheritance Income Tax? Yes, you read that right!

In a commentary for It’s Money, lawyer Marina Chaves talks about the recent decision by the Federal Supreme Court (STF) which has a significant impact on estate and succession planning for Brazilian families, in an article by Robson Tavernard, partner at Blue3 Investimentos. “The STF’s validation of the joint collection of IR and ITCMD represents a significant increase in the tax burden on inheritances, requiring even more detailed and strategic planning to protect family assets,” says Marina, who highlights the increased complexity and tax burden…