DLA Piper received 46 individual lawyer rankings and 68 firm rankings in The Legal 500 Latin America 2022 guide.
Read the full DLA Piper’s Latam ranking by clicking here.
• “The firm’s extensive
Continue Reading LatAm • The Legal 500 Latin America 2022
The enactment of Law 1676 of 2013 (Secured Interest Law) in the context of insolvency proceedings − reorganization and liquidation − has substantially restated the legal scope of creditors’
Continue Reading Secured creditors and Colombia’s insolvency proceedings
BRAZILIAN FEDERAL REGIONAL COURT: IMPORTATION AND COFINS-IMPORTATION APPLIES TO (RE)INSURANCE BUSINESS
By Campos Mello Advogados, an independent law firm in Brazil in Cooperation with DLA Piper
The Brazilian Federal Regional Court recently unanimously decided that insurance policies and reinsurance agreements are equivalent to rendering of services; therefore PIS-importation and COFINS-importation (PIS/COFINS-importation) applies to premiums remitted abroad. Pursuant to Law No. 10.865/2004, PIS-importation and COFINS-importation applies to the remittance of amounts abroad as consideration for services rendered. The basis for calculation of these taxes is 15 percent over (re)insurance premiums remitted abroad.
The lawsuit, brought against an insurance company and a local reinsurer, debates whether social contributions PIS/COFINS-importation applies on premium of reinsurance remitted abroad.
Continue Reading Insurance Update: Brazil Federal Regional Court
