LS Brazil Outlook Amortization of goodwill in the acquisition of equity interests: benefits and limitations of tax deductions Jul
2021

Amortization of goodwill in the acquisition of equity interests: benefits and limitations of tax deductions

The Brazilian tax system provides for a tax benefit in the form of deduction of expenses incurred with the amortization of goodwill. This benefit has been the subject of endless debate since it was first allowed over 37 years ago. In this edition of our Newsletter, we discuss the rules and procedures that regulate the use of goodwill for tax purposes, as well as specific situations in which it has been challenged by tax authorities.

Read more
Article Pharmaceutical Antitrust 2021 27
Jul
2021

Pharmaceutical Antitrust 2021

Ana Paula Martinez, Alexandre Ditzel Faraco and Mariana Tavares de Araujo authors the chapter on pharmaceutical regulatory law on Brazil

Read more
LS Brazil Outlook Overview of Brazilian Goodwill tax Amortization 08
Jul
2021

Overview of Brazilian Goodwill tax Amortization

Goodwill tax amortization stands out as the most relevant tax benefit when speaking of M&A in Brazil, but unorthodox corporate reorganizations coupled with tax authorities’ illegal interpretations have cast a shadow over the incentive.

Read more
LS Brazil Outlook "Wed-and-Divorce” transactions: Tax avoidance or Tax Evasion? 08
Jul
2021

"Wed-and-Divorce” transactions: Tax avoidance or Tax Evasion?

The “Wed-and-Divorce” is a highly complex M&A structure designed to allow taxpayers to benefit from the deduction of expenses incurred with the goodwill amortization. Nonetheless, it is also one of the most rewarding, making it a highly risky...

Read more
LS Brazil Outlook The Controversial Deduction of Expenses with the So-Called “In-House Goodwill" 08
Jul
2021

The Controversial Deduction of Expenses with the So-Called “In-House Goodwill"

Brazilian tax authorities have limited the deduction of expenses incurred with the amortization of goodwill created between companies of the same corporate group. In this article, we address the limits to this restrictive interpretation and...

Read more
LS Brazil Outlook Use of “vehicle-companies” in share deals and goodwill tax amortization in Brazil 08
Jul
2021

Use of “vehicle-companies” in share deals and goodwill tax amortization in Brazil

Tax authorities often deny amortization when a vehicle-company is used. But there are grounds to justify its use and case law is not yet settled on this matter.

Read more
LS Brazil Outlook Winds of change? Confidentiality in arbitration involving publicly traded companies 13
May
2021

Winds of change? Confidentiality in arbitration involving publicly traded companies

Brazilian Securities and Exchange Commission opened a public consultation concerning a tentative regulation on disclosure of corporate disputes with publicly held companies. Contributions were made and are under review. We show that while transparency...

Read more
LS Brazil Outlook Is Brazil still an arbitration-friendly country? 12
May
2021

Is Brazil still an arbitration-friendly country?

Recent court decisions setting aside arbitration awards raised concerns that arbitration could be endangered in Brazil. This article shows that courts are not seeking to undermine arbitration and that Brazil is still an arbitration-friendly...

Read more
LS Brazil Outlook Arbitration in Brazil between growing pains and opportunities for growth 12
May
2021

Arbitration in Brazil between growing pains and opportunities for growth

Companies deem the Judiciary inefficient and slow, for good reason. Since the Brazilian Arbitration Act was passed in 1996, commercial arbitration has become more popular as an alternative to courts. However, arbitration still has not been as...

Read more
LS Brazil Outlook Arbitration in employment relations 12
May
2021

Arbitration in employment relations

The increase in the use of arbitration to settle labor and employment disputes within the last three years, when the Labor Reform expressly allowed it, may change Brazilian culture in the matter and reduce courts’ resistance to embrace arbitration...

Read more
LS Brazil Outlook The coming of age of arbitration in Brazil 12
May
2021

The coming of age of arbitration in Brazil

As the Brazilian Arbitration Act completes its 25th anniversary and commercial arbitration becomes more popular, arbitration itself faces some pains of growth in the country – and at the same time new opportunities emerge.

Read more
Article Practical Law Brazil: Cross-border Financing 22
Apr
2021

Practical Law Brazil: Cross-border Financing

Eduardo Salomão Neto, Luiz Roberto de Assis, Fabio Rodarte and Pedro Campos Ferraz authored the updated edition of the Practical Law Q&As for Brazil in the context of cross-border financing.

Read more
Article Lessons to Learn from Brazil’s Competition Law and Practice 22
Mar
2021

Lessons to Learn from Brazil’s Competition Law and Practice

Partner Ana Paula Martinez wrote the editorial of the current issue of the Journal of European Competition Law & Practice (Oxford)

Read more

Subscribe Subscribe

Receive in your email our legal content and invitation to events.

LinkedIn Follow us on LinkedIn

Please check the field "I'm not a robot".
Please click here for information regarding our data protection policy

Restrictive policy regarding rankings

We do not participate in or supply information to rankings of law firms requiring disclosure of confidential client data. We also do not pay for editorial or marketing space. This may lead to omission or distortion of information regarding our activities in such publications. Visiting our website is the best means of obtaining information on our practice.
developed by asteria.com.br designed by pregodesign.com.br
^