As stated in a previous Legal Alert, the issuance of Provisional Measure No. 1,227/2004 introduces several significant changes to tax legislation, with the premise of bringing greater fiscal balance to offset the alleged revenue losses from the continuation of the Payroll Tax Relief program for the sectors that employ the most in the economy and municipalities,
The Provisional Measure No. 1,227/24 has been published, introducing a series of changes in the national tax and fiscal sphere. The measure aims to bring greater fiscal balance, compensating for revenue losses with the continuation of payroll tax relief for 17 sectors of the economy and municipalities until 2025. The Provisional Measure requires all legal entities using
On May 31st 2024, Brazilian Congress approved a new law whereby silviculture has been deleted from the list of activities that may cause potential significant damages. In practical terms, Environmental Impact Study (EIA) and the respective Environmental Impact Report (RIMA) are no longer required for the issuance of the project environmental permit. EIA/RIMA used to
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