Victory for taxpayers: PLP 108/2024 rules out ITCMD levy on private pension plans
The Chamber of Deputies recently approved the new text of Complementary Bill (PLP) 108/2024, after voting on the amendments suggested by parliamentarians. One of the amendments accepted by the House of Representatives removed the levy of ITCMD (Tax on Causa Mortis Transmissions and Donations of any assets or rights) on supplementary pension plans – Free […]
Impacts of PLP 108/24: is it time to think about succession planning?
The Tax Reform Bill is in the regulatory phase and already has some new features regarding the Tax on the Transfer of Goods or Rights (ITCMD). Currently before the Chamber of Deputies, the Complementary Bill – PLP 108/24, which provides, among other things, for the administrative tax process for the Tax on Goods and Services […]
What are the advantages of anticipating inheritance?
In an interview with E-investidor Estadão, Leonardo Cotta Pereira, our firm’s head of corporate affairs, commented on the advantages of anticipating inheritance, given the changes to the ITCMD (Imposto de Transmissão Causa Mortis e Doação) rules with the Tax Reform. When it comes to inheritance, making a living gift to heirs has proven to be […]
Succession in the agro-industrial enterprise
The article “Succession in the agro-industrial enterprise”, by Leonardo Cotta Pereira, Head of Corporate Law at Marcos Martins Advogados, is featured on the O Hoje portal. The lawyer comments that agribusiness has been gaining more and more prominence in the world economy and in business activity, requiring its administrators to efficiently manage resources and production […]
Likely increase in ITCMD leads to need for succession planning
The tax reform text was recently approved by the House of Representatives and has already been submitted to the Senate. It approved the unification of taxes on consumption – PIS, Cofins, IPI, state ICMS and municipal ISS – into two taxes, the Tax on Goods and Services (IBS) and the Contribution on Goods and Services […]
Likely increase in ITCMD leads to need for succession planning
The article “Probable increase in ITCMD leads to the need for succession planning”, by Leonardo Cotta Pereira, Head of the Corporate area at Marcos Martins Advogados, is featured in the Estadão newspaper. The lawyer comments that, if the current Tax Reform proposal is approved, there is a serious risk of an increase in the rate […]
Donated or inherited property should not be subject to income tax
As you know, the law stipulates that income tax must be levied on income and capital gains. In the case of donations and inheritance transfers, the Federal Government takes the view that if there is an increase in the value of the property compared to the value previously declared by the donor or the deceased, […]
Inheritance tax: the importance of succession planning
The article “Taxation on inheritance: the importance of succession planning”, by lawyer Tiago Aparecido, is featured on the Rota Jurídica portal. Due by the heir, the Causa Mortis and Donation Transfer Tax (ITCMD) is calculated on assets and rights representing the equity or capital of a company, such as a share, quota, share, civil or […]
Inheritance tax: the importance of succession planning
Tiago Aparecido da SilvaLawyer at Marcos Martins Advogados In Brazil, the tax due in the event of death is the Causa Mortis and Donation Transfer Tax – ITCMD, which, depending on the state, can be up to 8% of what is inherited. This tax, payable by the heir, is calculated on assets and rights representing […]
STF decides that states cannot charge ITCMD on inheritances and donations of assets that are abroad
O Supremo Tribunal Federal (STF) decidiu que os Estados não podem cobrar Imposto de Transmissão Causa Mortis ou Doação (ITCMD) sobre heranças e doações de bens provenientes do exterior, sem a instituição por Lei Complementar.
