Corporate and Open Business

Federal Revenue regulates the application anticipation of the new Transfer Pricing Rules

Corporate and Open Business /

On February 24, 2023 (Friday), Normative Ruling (“IN”) No. 2,132 was published, through which the Federal Revenue Service of Brazil (“RFB”) regulates the taxpayer’s option for applying the rules of transfer price provided for in Provisional Measure (“MP”) No. 1,152/2022 to controlled transactions carried out in the calendar year of 2023. We point out, right …

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Data from labor processes will have to be entered in eSocial

Companies in Brazil, Corporate and Open Business /

As of January 16, 2023, companies will have to enter in the eSocial system information on processes in which there is a final conviction by the Labor Court, in addition to agreements signed with former employees. According to the rules defined by the manual of the new version of eSocial (Version S-1.1) processes and agreements …

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Drummond Advisors (Drummond) anuncia aquisição da J.H. Gomes Company

Corporate and Open Business /

Iniciativa visa dar continuidade ao plano de expansão da empresa que já adquiriu outras duas companhias somente em 2022 Na contramão do mercado, a  Drummond segue em franco crescimento e anuncia a sua terceira aquisição em 2022. A empresa, que virou uma plataforma de internacionalização de negócios globais, formalizou a compra da J.H. Gomes Company, …

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Drummond Advisors participates in the ABVCAP 2022 Congress

Corporate and Open Business /

This event is the largest Venture Capital and Private Equity meeting in Latin America The attorney specializing in international operations and partner at Drummond Advisors, Pedro Drummond, will be one of the speakers at the ABVCAP 2022 Congress, which will take place on November 8 and 9 at the Belmond Hotel Copacabana Palace, in Rio …

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Taxation on cryptoassets: operations in a foreign Exchange

Corporate and Open Business, US Tax /

The taxation of cryptoassets is a new topic in Brazil, for this reason, it generates a number of doubts. One of them relates to the declaration of operations in a foreign Exchange. In a webinar promoted by Drummond Advisors, Roberto P. Vasconcellos, tax consultant, answered if the operation must also be declared at the place …

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North American subsidiary of Brazilian company must comply with US tax obligations

Companies in the US, Corporate and Open Business, US Tax /

Brazilian companies should keep an eye on the United States Treasury North American subsidiaries of Brazilian companies should be aware of the tax obligations imposed by the United States Treasury. Unlike Brazil, in addition to the Corporate Income Tax, companies operating in Uncle Sam’s land also must meet other tax burdens during the year. Below, …

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