Publications
- Category: Tax
Law n. 12.441/11 changes the Civil Code to admit the incorporation of the limited liability individual company
Law nº 12.441/11 included Section 980-A in the Civil Code to admit the incorporation of the limited liability individual company. Until the change introduced by such law, the Civil Code included only the individual entrepreneur, whose personal property was mingled with that of the company. Besides, in the case of companies, the lack of plurality of partners not recovered within 180 days was a cause for its winding up.
- Category: Tax
Draft of Complementary Law No. 48/11
A draft of Complementary Law No. 48/11, submitted by Mr. Aluízio (PV-RJ), establishing the Social Contribution on Wealth (Contribuição Social das Grandes Fortunas - CSGF) is currently being discussed at the House of Representatives. According to the draft, the new contribution will have as tax event the title - on December 31 of each calendar year - to property and rights amounting to more than five million, five hundred and twenty thousand reais (R$ 5,520,000.00). The assessment will be carried out based on the taxpayer´s tax return to be submitted by June 30th.
- Category: Infrastructure and energy
Special Issue
Finally a New Mining Regulatory Framework in Brazil
After a long expectation period of almost five years, the Bill of Law No. 5,087/2013 which was submitted to the analysis of the National Congress with constitutional urgency (urgência constitucional) (“Bill of Law No. 5,087/2013”) was made available to the public on June 20, 2013, providing, among others, new rules applicable to mining activities, and the creation of the Conselho Nacional de Política Mineral – CNPM and of the Agência Nacional de Mineração – ANM.
- Category: Infrastructure and energy
Special Issue
A new mining code: what happens if it happens?
The proposal ideas for a New Regulatory Framework, in replacement to the current Mining Code of 1967, have been discussed in and by the specialists of the mining and environmental sectors over the last years. At the beginning of 2011, indeed, the 2030 National Mining Plan of the Ministry of Mines and Energy - PNM 2030 - was issued aiming to be used as guidance to the policies and rules for the development of the mining sector in Brazil for the next 20 years.
- Category: Infrastructure and energy
Special Issue
Changes to the Control, monitoring and supervision of research and mining activities tax in the State of Minas Gerais
The State of Minas Gerais published on 1st November the Law No. 20,414 of 31 November 2012 (“Law 20,414”), which modifies certain aspects related to the Control, monitoring and supervision of research and mining activities tax (Taxa de Controle, Monitoramento e Fiscalização das Atividades de Pesquisa, Lavra, Exploração e Aproveitamento de Recursos Minerários) (“TFRM”), created by the State of Minas Gerais law nº 19.976 of 27 December 2011.
- Category: Infrastructure and energy
Extraordinary Edition
Federal Government announces new investment program in logistics
In order to promote the resumption of economic growth, last Tuesday, June 9, President Dilma Rousseff launched the new phase of the Investment Program in Logistics ("PIL"). In this new stage of the PIL, the Federal Government has planned to make investments of about R$ 198.4 billion, to be applied in highways (R$ 66.1 billion), railways (R$ 86.4 billion), ports (R$ 37.4 billion), and airports (R$ 32.2 billion). In the first phase of this new stage of the PIL, the intention is to implement an investment, between 2015 and 2018, of R$ 69.2 billion. In the second phase, from 2019, the investment should be equal to R$ 129.2 billion.