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Offshore wind and photovoltaic projects: the next frontier of renewable energy investment in Brazil?
Approved in the Federal Senate in December of 2018 (PLS 484/17) and currently pending in the Chamber of Deputies, Bill 11,247/18, although controversial, may represent an important advance for the expansion of renewable energy sources in the Brazilian energy matrix.
The digitization of labor relations
To facilitate and modernize access to information related to all formal professional experiences of workers, the Ministry of Labor launched in late November of 2018 the Digital Employment Record Card, or Digital CTPS, as a free application available on the iOS and Android platforms.
IRPJ and CSLL not levied on amounts received through the application of the Selic rate
At the end of last year, Justice Dias Toffoli released for judgment Extraordinary Appeal No. 1.063.187, Topic of general repercussion No. 962, which litigates the levying of Corporate Income Tax (IRPJ) and the Social Contribution on Net Income (CSLL) on amounts received by the taxpayer due to the application of the Selic rate when tax withheld in error is refunded. In the judgment, the Federal Supreme Court (STF) will decide whether the amounts paid to taxpayers due to the application of the Selic rate are subject to income tax
Recognition of the constitutionality of the right of filing
Signed on March 23, 2016, Law No. 16,402/16 governs the subdivision, use, and occupation of land in the municipality of São Paulo (Zoning Law). In relation to the previous law, it has brought in a series of changes, such as the establishment of maximum size limits for lots, reduction in the requirement of car parking spaces, minimum number of bicycle parking spaces, widening of sidewalks, and expansion of special environmental protection areas.
The illegal prohibition on the deductibility of extraordinary contributions to cover deficits of supplementary pension entities
Supplementary pension entities are created with the purpose of managing financial assets of third parties, seeking better income for their investments that ensure the granting of retirement benefits.
Presidential Decree No. 876/2019 and cutting the red tape for registration of business companies
Presidential Decree No. 876, published on March 14 of this year, amended Law No. 8,934/1994, which deals with the public registration of business companies, among other matters. The main change was the inclusion of new paragraphs in articles 42 and 63 of the law, which, for the most part, aim to create mechanisms that accelerate the process of creation and registration, especially for limited liability companies and sole proprietor limited liability companies (Eireli). According to the explanatory memorandum of MP 876, the measure "is consistent with the need to reduce red tape and the number of days to form a company in Brazil."
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