By: Chris Costa Multinationals with U.S. operations may eventually expand within the U.S. market to the point where their operations may significantly benefit from the possibility of expedited transfer of foreign managers, executives or specialized knowledge professionals based on requiring […]
By: Chris Costa The legislative bill “America COMPETES Act of 2022”, currently being revised in the U.S. Senate, is aimed at bolstering U.S. competitiveness in manufacturing and scientific research to better compete with China and other global powers. The bill […]
By: Chris Costa Many E-2 non-immigrant visa holders feel that obtaining permanent residence through their E-2 enterprise is unattainable due to the much higher investment amount required for a direct EB-5 immigrant visa petition. Many E-2 non-immigrant visa holders are […]
“I intend to go to the United States on a student visa: will I be allowed to work?” “May I live in the USA for up to 6 months on a tourist visa?” It is common that questions like these […]
Courts of Justice throughout the country have been setting up the understanding that it is legal to compensate heirs who sustained burden in probate proceeding conducted abroad. Contrary to what used to apply, i.e., that assets located in other countries […]
In a recent opinion issued by the General Counsel for the Federal Government (AGU), the levy of social security contribution on food allowance received by the employee was ruled out. The opinion aims at settling the controversy arisen from the […]
On September 24, 2021, the Superior Chamber of the Brazilian Administrative Court of Tax Appeals (Carf) issued an important decision admitting the non-incidence of Personal Income Tax (IRPF) on share acquisition operations, for understanding that the operation does not represent […]
In December 2021, a decision issued by the Brazilian Securities and Exchange Commission (“CVM”) regarding the distribution of dividends by Real Estate Investment Funds (“FIIs”) caused a stir in the market. Law no. 8.668/1993, which addressed FIIs specifically, establishes that […]
On March 16, 2022, new Ordinance No. 28/2022 – DIREX/PF of March 11, 2022, which decides for the extension of the deadline for migration regularization with the Federal Police in Brazil, was published in the Official Federal Gazette. The deadlines had been […]
The Federal Government published, last Tuesday (03/15), Decree no. 10.997/22, which changes the Tax on Financial Operations Regulation (Decree no. 6.306/07). The change enters into force immediately and aims at gradually bringing the Tax on Financial Operations (IOF) rate on […]