Stay updated with breaking news from Normative Instructions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The new limit for carrying currency in cash without declaration on arrival or departure from the country increased from BRL 10,000 (USD 1.900) to USD 10,000.
To print this article, all you need is to be registered or login on Mondaq.com. STJ DECIDES THAT COMPANIES ON THE PRESUMES PROFIT CANNOT DEDUCT FROM THE GROSS REVENUE THE REIMBURSEMENT OF MATERIALS FOR CONSTRUCTION The 1st Panel of the STJ, in the judgment of REsp 1,421,590 / RN, ruled that the taxpayer cannot deduct from the gross revenue, for purposes of calculating the IRPJ and CSLL (corporate taxes) under the presumed profit, the amounts related to the reimbursement of materials for civil construction. In the Court's view, the presumed profit is an optional regime,...