Consumption and omnichannel tax reform
The tax challenges faced by companies using an omnichannel or multichannel approach have been previously discussed by the author and are expected to remain a key issue with the tax reform.
What are the changes to the Inheritance Tax (ITCMD) in the tax reform regulation? Learn more
The House of Representatives concluded on Wednesday night the vote on another step toward implementing the tax reform. Bill No. 108 was analyzed by the members of the House of Representatives. Among other matters, the bill addresses the collection of the Inheritance Tax (ITCMD).
House of Representatives strikes down tax on private pension in inheritance
On October 30 (Wednesday), with 403 votes in favor, the House of Representatives removed from the tax reform a provision allowing States to tax private pension contributions included in inheritances. This taxation was included in the second supplementary law bill regulating the reform.
State of Mato Grosso publishes Decree regulating fee collection and registration of mining activities
On October 21, 2024, Decree No. 1,100/2024 was published in the Official Gazette of the State of Mato Grosso, regulating the fee and registration for controlling, monitoring, and inspecting the research, mining, exploration, and use of mineral resources, as established by Law No. 12,370/2023.
The Attorney General’s Office for Federal Taxes (PGFN) sets new terms for tax settlements
The Attorney General’s Office for Federal Taxes (PGFN) changed the rules for tax debts settlements The latest rules for these negotiations, outlined in PGFN Ordinance No. 1,457, could lead to more legal disputes, tax experts warn.
New rule on State Tax on Goods and Services (ICMS) credits may reignite tax war
A new agreement of the National Council of Fiscal Policy (Confaz) on the State Tax on Goods and Services (ICMS) makes optional – and no longer mandatory – the transfer of credits when goods are moved between places of business of the same taxpayer. Although demanded by companies, this flexibility has a price: if the company chooses to keep the credits in the State of origin, it risks not being able to fully use them.
Low-Carbon Hydrogen Development Program will allow tax credits offsetting
On September 30, 2024, Law No. 14,990, of September 27, 2024, entered into force, providing for the Low-Carbon Hydrogen Development Program (PHBC). The Low Carbon Hydrogen Development Program (PHBC) had been vetoed by the President when Law No. 14,948, of August 2, 2024, was enacted, as analyzed in the Informa of August 13, 2024 and in the Newsletter of the same month.
The National Council of Fiscal Policy (Confaz) overturns the requirement to transfer State Tax on Goods and Services (ICMS) credit in interstate transaction
The National Council of Fiscal Policy (Confaz) published an agreement putting an end to the requirement to transfer credits of the State Tax on Goods and Services (ICMS) in interstate transfers of goods between places of business of the same owner. In practice, this means that taxpayers will be able to use the credits at the place of origin or transfer them to the place of destination at their convenience.
