Newsletter 08/2023 – National Congress approves the text of the Legal Framework for Guarantees: the implications for the agro-credit market

On October 3, 2023, the Chamber of Deputies approved the text of the so-called Legal Framework for Guarantees (Bill No. 4188/2021) which, among other points, establishes new procedures and rules for guarantees, as well as extrajudicial enforcement measures for credit recovery through notaries. In addition, the legal proposal gives new normative contours to the figures […]

Newsletter no. 05/2023 – Provisional Measure brings significant changes to the tax rules for investment subsidies

On Thursday, August 31, 2023, an extraordinary edition of the Federal Official Gazette published Provisional Measure no. 1.185/2023 (“MP”), which changes the rules for taxing investment subsidies. Investment grants are forms of financial aid granted by government entities or other organizations to companies, aimed at boosting economic growth, fostering investments in specific sectors or areas, […]

Newsletter no. 04/2023 – Federal Government issues Provisional Measure to change the taxation regime for Investment Funds

The Federal Government issued Provisional Measure No. 1,184/2023 (“MP 1,184/23”) to change the taxation system for closed-end investment funds, making them equivalent to open-end funds by introducing a periodic taxation system, known as “come-cotas”. Before the measure, withholding income tax (“IRRF”) was levied on closed-end funds only on the distribution, amortization or disposal of quotas, […]

Informativo nº 02/2023 – Supremo Tribunal Federal suspende processos judiciais que envolvem a compra de imóvel rural por estrangeiros

Em decisão liminar do Ministro André Mendonça, o Supremo Tribunal Federal (STF) determinou a suspensão de todos os processos em trâmite no território nacional que versem a respeito da aplicação do artigo 1º, §1º da Lei nº 5.709/71, que trata sobre a aquisição de terras por estrangeiros no Brasil. Com isso, todos os processos judiciais […]