The ruling brings more legal certainty for taxpayers
On May 13 2021, the Brazilian Supreme Court (STF) concluded the trial of one of the largest tax discussions in Brazil relating to the exclusion of ICMS (state sales tax) in the PIS/COFINS (federal contribution on total revenue) tax base (as discussed in Challenges and complexities of the Brazilian tax system).
March 2017 ruling
After more than 20 years of intense judicial debate, on March 15 2017, the STF’s Justices started to analyse and decide on the issue and adopted a favourable understanding for taxpayers, recognising and ruling, at that time, that ICMS should be excluded from the PIS/COFINS (federal contribution levied on revenue) taxable basis, as it is not characterised as gross revenues.
Promotora bolsonarista pede para deixar caso de Flávio Bolsonaro
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Promotora que apoiou Bolsonaro pede para deixar inquérito sobre Flávio
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Scientists had recommended more extreme measures because they considered it is too early to notice any progress. (Pic EFE)
Starting this Friday, restrictive measures imposed a week ago as a part of the local authorities in the Brazilian state of Rio de Janeiro s strategy against the spread of the coronavirus pandemic are to be lightened, it was announced.
Bars, restaurants and candy stores will welcome customers in person again for on-site consumption but only until 9pm. Other businesses will have to stick to specific hours as indicated by the government, while non-essential state offices will operate from 8 am to 5 pm. Museums, galleries, cinemas, circuses, aquariums and zoos are allowed between noon and 9pm. But beachgoing will be restricted to local residents until April 19.
Sergio Moro s ruling on Lula was biased, says Brazil s Supreme Court
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