"legal updates" Category
Brazil could ease foreign land ownership limits by June - minister

Brazil could pass a law by the end of June to lift limits on foreign purchases of agricultural land, the Agriculture Minister said in an interview, adding he supported maintaining some restrictions to ensure farms were put to productive use.

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Brazil Close to Granting Amnesty to Foreigners

This week, Brazil’s Chamber of Deputies approved a new Immigration Law which will create a roadmap for those with ‘irregular’ status in Brazil to obtain residency.

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Brazil Seeks to Open Defense Industry to Foreign Participation

Brazil’s government is preparing a bill to ease restrictions on foreign ownership in its defense industry to help attract technology and cash.

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Brazil Needs More Progress on Terrorism Finance, FATF Says

The Financial Action Task Force, an anti-money-laundering standards body, praised Brazil for taking steps to improve its laws against terrorism financing, but also said that it would consider “taking other measures” if shortcomings aren’t addressed by February 2017.

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Garry Authors Article on Proposed Section 385 Tax Regulations

Partner Kristen Garry (Washington, DC-Tax) recently authored an article for the Journal of Taxation of Financial Products titled “Are the Proposed Code Sec. 385 Regulations, Which Represent Significant Changes in Law, in Part, Impermissible Retroactive?”

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Moro, a 42-year-old telegenic federal judge, is the main protagonist in Brazil’s real-life edition of The Untouchables. Moro has led the prosecution of a brazen corruption scheme that siphoned $3 billion from Petrobras, the national oil company, to the pockets of politicians and officials.

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Brazil Senate Votes to Limit Petrobras Role in Deep Waters

Brazil’s Senate approved legislation that relieves Petrobras of its role as sole operator and mandatory stakeholder in so-called pre-salt deepwater oilfields, potentially allowing the state-run company to direct resources to more profitable operations.

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Brazil's Visa Waiver Program: What You Need to Know

Brazil’s Ministry of Tourism and the Brazilian Tourist Board (Embratur) have issued a fact sheet detailing the country’s new visa waiver program.

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Brazil's Rousseff waives visa requirement for Olympics despite security fears

Brazilian President Dilma Rousseff has agreed to suspend visa requirements for foreigners during the 2016 Olympic games in Rio de Janeiro, Brazil's official gazette reported on Wednesday, despite heightened security fears after the Paris attacks.

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Brazil Releases List of Intellectual Property Retaliation Measures

On March 15, 2010, the Brazilian Chamber of External Trade (CAMEX) released the first list of Intellectual Property (IP) retaliation measures that will be implemented if no agreement is reached between the Brazilian and US governments over the cotton dispute.

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