STF validates collection of PIS/Cofins on insurance premiums; impact could reach R$42 billion
Angelo Ambrizzi, head of our tax department, spoke to Infomoney about the Supreme Court’s decision validating the levying of PIS/Cofins contributions on insurance premiums. In practice, the STF justices decided that the concept of levying taxes on income from financial intermediation is valid. In the case of insurance companies, in relation to the premiums actually […]
STF decision could have an impact of tens of billions of reais for insurers
Angelo Ambrizzi, head of our tax department, spoke to Valor Econômico about the impact of the Supreme Court’s (STF) decision to validate the levying of PIS/Cofins on insurance premiums. The court ruled that PIS and Cofins should not be levied on “revenue other than billing, that is, on the concept of levying taxes on revenue […]
Tax Transactions make it possible to renegotiate debts with the Federal Government
The Tax Transaction is a mechanism that allows companies to negotiate tax debts with the Federal Revenue Service, obtaining benefits such as a reduction in interest, fines, legal charges, as well as the use of tax credits and tax losses as a way of repaying the debt. By joining the Transaction, companies have the opportunity […]
State of São Paulo reduces ICMS to stimulate economy
The Governor of the State of São Paulo recently signed 11 decrees with the aim of reducing the cost of production for companies and, consequently, stimulating the economy of the State of São Paulo in order to recover from the impacts caused by the pandemic. Among the benefits were measures that significantly reduce the collection […]
Zero Litigation Program
Zero Litigation Program Government announces debt installment program, called “Zero Litigation”. The measure aims to reduce the deficit of R$223 billion. Discover the payment options for the Zero Litigation program Zero Litigation Program provides discounts for renegotiating tax debts and eliminating fines for companies. Find out the special conditions for your company when paying taxes […]
Rosalito has its judicial reorganization plan approved
Part of the case involving a debt of R$70 million owed by Cerealista Rosalito, an important agribusiness company, was prepared by the law firm Marcos Martins Advogados.
Congress approves improved conditions for federal tax transactions
Angelo AmbrizziLawyer at Marcos Martins Advogados On May 24th, the Senate approved the bill converting Provisional Measure 1090/21. The measure, which initially dealt with the renegotiation of debts under the FIES, was amended by the National Congress and included provisions modifying the legislation that deals with the tax transaction of federal debts, improving the negotiation […]
How can the exclusion of ISS from the calculation of PIS and Cofins benefit companies?
Angelo AmbrizziLawyer at Marcos Martins Advogados The exclusion of ICMS from the PIS and Cofins tax base was ruled in favor of taxpayers and became known as the “thesis of the century”, in view of the large amounts refunded to taxpayers. Recalling that, in May of this year, the STF excluded ICMS from the PIS […]
Structured reorganization of tax debt is key to obtaining the CND
Angelo AmbrizziLawyer at Marcos Martins Advogados The Debt Clearance Certificate, known by the acronym CND, is a document issued by a government agency to certify that an individual or legal entity has no tax debts. The CND can be issued for federal, state and municipal debts. The document is requested as a requirement for numerous […]
The impact of tax inefficiency on companies’ cash flow
Todos os dias são publicadas diversas normas tributárias gerando, entre os empresários, insegurança jurídica na tomada de decisões, além disso, a elevada carga tributária impacta no aumento dos preços e diminuição da lucratividade das empresas.