For the first time, Brazilian justice fulfills a search and seizure warrant in the metaverse
The Ministry of Justice and Public Security executed, for the first time, a search and seizure warrant in the metaverse. The operation took place within the scope of the fourth edition of Operation 404, which targets digital piracy.
The action carried out in conjunction with the Civil Police of 11 states of the federation fulfilled 30 search and seizure warrants against suspected of transmitting or facilitating the broadcasting of content protected by copyright law.
Eleven people were arrested, four in compliance with a temporary arrest warrant and seven in flagrante delicto. According to the report of the operation, 300 applications were programmed to steal user data, such as banking information, passwords, photos and e-mails.
Official estimates show that the damages caused by the investigated crimes reach R$ 366 million per year.
MERCOSUR and Singapore Initial FTA
According to a press release of July 21st 2022, published by the Ministry of Trade and Industry of Singapore, MERCOSUR (Argentina, Brazil, Paraguay and Uruguay) and Singapore have substantively concluded the negotiations for a free trade agreement (FTA) between them.
This was jointly announced by videoconference on July 20th 2022, on the sidelines of the MERCOSUR Summit 2022 held in Paraguay.
Federal Revenue of Brazil raises more than 181 billion in June 2022
The total collection of Federal Revenues of Brazil (RFB) reached, in June 2022, the amount of R$ 181 billion, registering a real increase (IPCA) of 17.96% in relation to June 2021.
In the accumulated period from January to June 2022, the collection reached the amount of R$ 1.1 trillion, representing an increase by the Consumer Price Index (IPCA) of 11.00%.
It is important to note that this is the best collection performance since 1995, both for the month of June and for the semester.
As for the Revenues Administered by the RFB, the amount collected in June 2022 was R$ 174.3 billion, representing a real increase (IPCA) of 17.12%, while in the accumulated period from January to June 2022, the collection reached R$ 1 trillion, registering a real increase (IPCA) of 9.00%
The increase observed in the month of June can be explained, mainly, by the growth in the collection of Corporate Income Tax (IRPJ) and Social Contribution on Net Income (CSLL).
Research reveals that Brazil has one of the best environments for public-private partnership in Latin America
Brazil, even with several challenges, has one of the best environments for the development of public-private partnerships (PPP) in Latin America.
The conclusion is the report made by the Inter-American Development Bank (IDB) and by The Economist magazine.
The authors of the survey did not create a ranking, but divided the 26 countries studied into groups. Brazil is in the “developed” category, with a score between 60 and 79.9. In the same category are Chile, Uruguay, Peru, Colombia, Panama and Costa Rica. No country on the continent was included in the “mature” category, with a score between 80 and 100.
Provided for in Law 11.079/2004, the PPP represents a way for the public power to provide a service to the private sector. The private company makes investments and performs a service for the public power, being paid in two ways: fully by the State (at no cost to the citizen) or paid partially by the State and partially by the user of the service, through a fee.
Project seeks to eliminate Income Tax on the purchase of debentures by non-residents in the country
The National Congress must approve a bill that exempts the Income Tax (IR) from investments by non-resident investors in Brazil in the purchase of bonds (debentures) issued by companies in the country.
The idea is that the exemption would expand the access of Brazilian companies to foreign capital, as long as they are debt instruments via the capital market.
Today, investments by non-residents in stocks and government bonds are already exempt. The idea is to give the same tax treatment to transactions with securities of private companies.
One of the justifications is that the different IR rates currently levied on income from investing resources by non-residents in Credit Rights Investment Funds (FIDCs) and in securities directly generate serious distortions.
