13 April 2023
April 2023 – Rossetti Advogados In a recent trial, the 3rd panel of the Superior Court of Justice (STJ) (REsp 1.824.891) decided that large-sized limited-liability companies, which are those that had, individually or jointly with other companies under common control, in the previous fiscal year, total assets equal to or in excess of R$240,000,000.00 or annual gross…
5 April 2023
Ruling 2/2022 by the Argentine Federal Tax Authority (AFIP) reinterpreted existing legislation to hold cryptocurrencies subject to personal property tax. Does this make sense? Can the government and the taxpayer agree on when and how to calculate the tax? How Crypto is Taxed Globally As investment in cryptocurrencies grows, governments have responded in wildly different…
6 March 2023
On December 22, 2022, Law No. 14.478/2022, which regulates the market for crypto assets in Brazil, was signed into law. The new rule defines virtual assets, lays down general guidelines for the provision of virtual asset services, and includes in the Penal Code the crimes of fraud with the use of virtual assets, securities, or…
3 February 2023
February 2023 – Rossetti Advogados The new legal framework for the Brazilian exchange market took effect last December 31, 2002. It was established by Law 14.286 of 2021, which changed the rules for currency transactions in Brazil, abroad (for Brazilians), and the form of provision of information to the Central Bank of Brazil. The new…
13 January 2023
The new Register of Overseas Entities was brought into force on the 1st August 2022 by the Economic Crime (Transparency and Enforcement) Act 2022. The effect of the introduction of the Register is that such anonymous overseas entities wishing to buy, sell, or transfer UK property or land must complete a registration process with Companies…
10 December 2022
Last November 22, the Brazilian House of Representatives approved Bill No. 3401/2008, which changes the rules on the liability of members and managers for companies’ debts. In the Brazilian law, the legal personality of a company and that of its members and managers are deemed separate, and therefore the assets and obligations of one and…
2 November 2022
November 2022 – Brazil – Rossetti Advogados Law No. 14.451 was published on September 22, 2022, amending articles 1.061 and 1.076 of the Brazilian Civil Code, which relate to the quorum necessary to pass resolutions in limited-liability companies with respect to certain matters. Article 1.061 of the Brazilian Civil Code provided that the quorum to…
15 October 2022
October 2022 The global economy is facing many challenges at present leading to unpredictable marketplaces for any company establishing a business overseas. The UK is certainly no exception to these challenges but one present advantage for foreign investors is the fall in the value of sterling against foreign currencies. The UK also remains an easy,…
10 October 2022
October, 2022 Introduction THE NETHERLANDS: The scope for successor landlords to realize the new destination has been increased. Based on Dutch law, a successive landlord may dissolve the lease if he wants to bring the leased property in line with the destination. In a landmark ruling, the district court North-Holland dissolved the leases (conditionally) so…
4 October 2022
October 2022 – Brazil – Rossetti Advogados In recent years, ESG (Environmental, Social and Governance) issues have gained more and more strength in the business world. In fact, consumers and investors began to prioritize, and even only consider, in their consumption and investment patterns, companies committed to environmental and social sustainability practices. However, what was…
