VBR Brasil

Accounting • Audit • Tax • Consulting

Detailed Analysis of Brazilian Tax Reform: IBS and CBS Commented by Team VBR Brasil

Brazil Federal government issued a provisional measure, published in an extra edition of the Official Gazette on Thursday, introducing an additional Social Contribution over Net Profit (CSLL) to align Brazilian…

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Welcome: Daniel Affonseca!

We have the pleasure of announcing the arrival of Daniel Affonseca into VBR! We are certain he will be an incredible addition to our team of specialists! Know more about…

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Reduction of the Federal VAT – IPI – Rates

This is one of the rare, good news in the taxation in Brazil. Despite of the fact that the complexity of Brazilian taxation is being dealt with by the present…

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SB Crédito invested on LiveOn Solutions with the help of VBR Brazil

About the Transaction VBR Brasil Capital is glad to announce that has acted as exclusive financial advisor to SB Crédito in its process of acquiring a stake in LiveOn. VBR…

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LGPD in effect!

The LGPD, General Data Protection Law, was sanctioned and begins to take effect from this Friday, 18/09/2020.

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Tax and Corporate Law Changes

Provisional Measure 931 and the effects of COVID-19 (March 30, 2020) Through MP Number 931, the President of the Republic relaxed the deadline established by the Brazilian Corporate Law 6,404…

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MP 936 – Emergency Employment and Income Maintenance Program (01/04/2020)

On 4/1/20, the government issued Provisional Measure (MP) 936 with the objective of preserving employment and income, making economic activity feasible, given the reduction in activities and reducing the social…

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Tax Filing and Payments Affected

1 – For Individuals Income Tax Filing of Income Tax returns have been postponed from April 30th to June 30st, 2020. 2 – For Corporations a) IPI (Tax on Industrialized…

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IOF (Tax on Financial Operations) reduction

This Friday, April 3, Decree 10,305 / 2020 comes into force, which temporarily reduces the IOF tax rate on financial transactions. The reduction to zero will be applied between April…

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Aspectos Legais – COVID-19

A decretação pelo Governo Federal de estado de calamidade pública terá consequências diretas na economia do país, em especial nas relações empresarias e trabalhistas. Nossos advogados associados em São Paulo, Moreira Coelho, explicam os conceitos relevantes que impactarão diretamente no cumprimento de obrigações comerciais, civis e trabalhistas neste período.

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Provisional Act 931 and the effects of COVID-19 (March 30th 2020)

Through Provisional Act (MP) Number 931, the President of Brazil has relaxed the deadline established by Corporations Act 6.404/1976, that required corporations to hold Annual General Meeting until the last…

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[Some] Freedom at long last – The new Brazilian Labor Regulation

President Michel Temer recently signed the changes in the Brazilian “Consolidation of Labor Laws” (or CLT in Portuguese). Fruit of a dark age and an even darker dictator, Getúlio Vargas,…

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Independent Auditors and the Crimes in Petrobras

Press gave great visibility (see http://epoca.globo.com/politica) to a declaration made by KPMG, that audited Petrobras as from 2007 to 2011, saying, “They did not see acts of corruption perpetrated by…

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Sócio da Russell Bedford Brasil assumirá cadeira no Conselho Administrativo de Recursos Fiscais em Brasília

Foi publicado no DOU de 03/04/2017, Seção 2, pág. 44, a Portaria n. 154, de 31/03/2017, relativa à designação de Renato Vieira de Ávila, sócio na Russell Bedford Brasil (responsável…

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Brazilian Government Redefine Long Term Interest Rates

It is in fact the end of an era. The old TJLP (Portuguese, stands for “Long Term Interest Rate”), a generally flat and stable rate presently at 7% p.a. (incredible…

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Brazil and its incredible “Cases” – the Case of the VAT (ICMS)

One source of news, a very well known one at that (“Jota”) calls the present State VAT judgment by Brazilian Supreme Court as the “Judgment of the Decade”. For the…

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The Russian Roulette of the Brazilian Politicians

This week I published one of my “expletives” in my timeline in LinkedIn. At last (I thought) the corrupt leader of the Senate, Renan Calheiros, was being impeached through a…

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Autonomy versus Political Influence

I saw the above chart in Washington Post. It was brought to my attention by the Ethical Alliance Bulletin of June 22nd 2016. It could not be more adequate, despite…

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The Second Brazilian Revolutionary Law

As of June 30th 1994 we were world`s inflation practical joke. With peaks of up to 8,900% of annualized inflation, we were world`s #1. Well, soccer was better then, but…

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The Second Brazilian Revolutionary Law

As of June 30th 1994 we were world`s inflation practical joke. With peaks of up to 8,900% of annualized inflation, we were world`s #1. Well, soccer was better then, but…

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YPO Pulse – Analysis on the Brazilan CEO’s Confidence in the Country’s Economy

As I have presented here, quarterly, the results of the polls of YPO As of April 2016, regarding the 1st quarter of this tumultuous and politically confusing year. Impeachment process…

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Service Providers in Brazil – Tax on Services (ISS) Nightmare

A huge portion of the companies that came to Brazil during the “golden years” (2002-2011) were service companies, mainly web-based operations. In a general manner, they pay ISS, or Tax…

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Brussels urged to end Big Four dominance

Four international accountancy networks have taken the unusual step of jointly calling for changes to the audit market in Europe and arguing that regulatory intervention is needed to dilute the…

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