By Edmo Colnaghi Neves (PhD), Murray Advogados, Brazil Last week, on April 29, 2026, Federal Decree No. 12,955 was published, regulating the new taxes created by the tax reform: the CBS (Contribution on Goods and Services) and the IBS (Tax on Goods and Services), among other provisions. The decree consists of 620 (six hundred and
by Edmo Colnaghi Neves (PhD), Murray Advogados, Brazil The tax reform has generated legal rules that, among other consequences, eliminated several tax benefits, as occurred with Complementary Law 224/25 and its regulation by Normative Instruction 2305/25 of the Brazilian Federal Revenue Service. These changes, surprisingly, affected companies that adopted the presumed profit regime, based on
by Edmo Colnaghi Neves (PhD), Murray Advogados, Brazil A bill of complementary law is currently pending before the National Congress to levy a tax on what is referred to as large fortunes. Under the bill, a large fortune would be defined as personal net worth exceeding BRL 10,000,000.00, subject to tax at rates ranging
by Alberto Murray, Murray Advogados, Brazil The agreement concluded between Mercosur and the European Union represents one of the most ambitious initiatives for economic integration between regional blocs ever negotiated. More than a simple tariff-reduction treaty, it is a complex association instrument with far-reaching legal, economic, regulatory, and institutional implications. After decades of negotiations, the
Taxation of High Incomes – Impacts on Foreign Capital – Draft Law No. 1087/25 Edmo Colnaghi Neves, Ph.D. Murray Advogados, Brazil Draft Law No. 1087/25, already approved by the Chamber of Deputies and currently under consideration in the Federal Senate, if likewise approved by the latter, will substantially alter the taxation of both
by Edmo Colnaghi Neves (PhD), Murray Advogados, Brazil The “tariff hikes” imposed by the United States have led the Brazilian government to adopt several measures aimed at mitigating the effects of such policy and protecting Brazilian companies adversely affected. Among the initiatives, the most relevant are the establishment of Credit Lines and Tax Incentives. To
By Alberto Murray, Murray Advogados, Brazil Concept and Origin. The Magnitsky Act is legislation originally enacted by the United States in 2012 in response to the death of Russian lawyer Sergei Magnitsky. He had exposed a corruption scheme involving Russian authorities and died in state custody under suspicious circumstances. The law was created to sanction
by Alexandre Tuzzolo Paulino, Murray Advogados, Brazil The rise of social media as tools for communication and information in Brazil has profoundly transformed social, political, and institutional relationships. This shift has generated a range of legal challenges, particularly regarding freedom of expression, data protection, and liability for published content. Currently, Brazil does not have a
by Edmo Colnaghi Neves (PhD), Murray Advogados, Brazil Tax reform is underway in Brazil. It is a process of profound changes that will take many years to complete; most of the reform will be completed by 2033. This process aims to simplify a very complex tax system since the country is a Federation in which
A company’s life is marked by intense dynamics. Several activities occur simultaneously, requiring managers to make quick and effective decisions when faced with the countless challenges of everyday business. In this environment of constant movement, it is natural for situations involving legal risks to arise — many of which can be avoided with proper prior