Census of Foreign Capital in the Country 2016

The Central Bank of Brazil started the five-year Census of Foreign Capital. Until August 15, 2016, legal entities that meet the parameters set by the authority must provide a statement on the participation of foreign capital in its organization.

The legal entities that have direct participation of non-residents in its capital; investment funds with non-resident shareholders; and legal entities that have received financial support from non-residents in an amount equal to or greater than US $ 1,000,000.00 (one million American dollars), are required to provide the declaration.

If the legal entity fails to provide the statement within the statutory period, or provides false, incomplete or incorrect information, then it will be subject to a fine of up to R$ 250,000.00 (two hundred and fifty thousand Brazilian reais).

Brazil Arrests IS Sympathizers, First Use of Terrorism Law

Brazil Arrests IS Sympathizers, First Use of Terrorism Law:



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Contribution to Tax Notes website - Foreign Companies See Increase in US Class Action Suits Over Taxes

I have been asked to provide some details about Brazilian law to an article published by TaxNotes.com,  a non-profit that provides excellent coverage of tax matters.

The article, very well drafted by Mr. William Hoke, describes the recent uptick in tax-related class action suits filed in the U.S. by shareholders of foreign firms.

He mentions me in a paragraph describing how Brazilian law treats class action lawsuit filed by shareholders of a company.

Please check it (it is after a pay wall)

Foreign Companies See Increase in US Class Action Suits Over Taxes 

The New Challenges of Fighting Corruption in Brazil: Changes in Brazilian Legal and Political Culture and the Defense of Rule of Law, Democracy and Freedom

Professor Bruno Wanderley is one of my mentors, since college. 

I urge all of you to go see his lecture. 

The New Challenges of Fighting Corruption in Brazil: Changes in Brazilian Legal and Political Culture and the Defense of Rule of Law, Democracy and Freedom

May 16 @ 1:00 pm - 2:00 pm

• « New Approaches to Violence in Latin American History
• Brazil Brown Bag Seminar Series – A Network View on Business-Political Interaction for Mutual Gains: The cases of ICT Projects in Brazil »

Please join the Lemann Center for Brazilian Studies for a lecture entitled “The New Challenges of Fighting Corruption in Brazil: Changes in Brazilian Legal and Political Culture and the Defense of Rule of Law, Democracy and Freedom,” by Bruno Wanderley Junior.

The lecture will present the endemic corruption in Brazil through a historical analysis, from the colonial period to present day. It will focus on the cultural change in the political relationship between the people and the State in the combat against all forms of corruption and in the defense of democracy and freedom as essential conditions for the consolidation of the rule of law in Brazil. Finally, the lecture will discuss the role of the internal controlling agencies of public administration and the effectiveness of the legal system and constitutional law.

Bruno Wanderley Junior is the Director of the Laboratory of Law and Technological Innovation at UFMG (Federal University of Minas Gerais). He is also an Associate Professor of International and Constitutional Law at UFMG, a Professor of International Law and Human Rights at PUC Minas (Pontifical Catholic University of Minas Gerais), a Professor of Constitutional Law at UNIFENAS (University of Alfenas), and a Visiting Professor at FGV (Fundação Getúlio Vargas) in Rio de Janeiro. Bruno holds a PhD from UFMG, where he also obtained his masters and undergraduate degree.  He is an attorney at Law, registered at OAB (Brazilian Bar Association).

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Details

Date:

May 16

Time:

1:00 pm - 2:00 pm

Event Categories:

Brazil Center, LCBS

Event Tags:

Brazil, Constitution, Constitutional Law, Corruption, Law

Organizer

Lemann Center for Brazilian Studies

Phone:

(212) 854-4643

Website:

http://ilas.columbia.edu/centers-and-

Petrobras Rulings on SLUSA Preemption and Brazilian-Law Damages | Proskauer - Corporate Defense and Disputes - JDSupra

Petrobras Rulings on SLUSA Preemption and Brazilian-Law Damages | Proskauer - Corporate Defense and Disputes - JDSupra:



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For U.S. Tech Firms Abroad And Data In The Cloud, Whose Laws Apply? : All Tech Considered : NPR

An interesting article that briefly mentions how Brazilian Law attracts jurisdiction over any app or software used by a device located in Brazil.



I have covered this in previous articles about Brazilian Internet Law. But this piece gives a good perspective from the economic side.







For U.S. Tech Firms Abroad And Data In The Cloud, Whose Laws Apply? : All Tech Considered : NPR:



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Top Facebook executive released from Brazilian jail | Technology | The Guardian

Top Facebook executive released from Brazilian jail | Technology | The Guardian:



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