News
Switzerland | 03/12/2010
- Attempt to Eliminate Unauthorized Workers through E-Verify Thwarted by Identity Theft
- United States | 03/12/2010
- State aid: General Court upholds Commission’s decision finding that transfer of two special investment funds to Landesbank Hessen-Thüringen did not constitute State aid
- Sweden | 03/12/2010
- Crunching the BigLaw Numbers: Equity Partner Profits Drop Less than 1%
- United States | 03/12/2010
- Merger control (Finland): Finnish Competition Authority approves proposed acquisition of Euromarket Linnanmaa, Euromarket Raksila and Euromarket Kemi by Osuuskauppa Arina
- Finland | 03/12/2010
- Competition (Sweden): Swedish Competition Authority releases new short film on how to leave a cartel
- Sweden | 03/12/2010
- Xerox Enlisting Hollywood in Fight Against ‘Genericide’ with Ad
- United States | 03/12/2010
- Who Are the Most-Downloaded Law Professors? Get the Stats
- United States | 03/12/2010
- Greece Added to the List of Visa Waiver Program Participating Countries
- United States | 03/12/2010
- Another False Rumor: Chief Justice Turns the Table on Law Prof
- United States | 03/11/2010
- Study Partly Blames Higher Law School Tuition on 40% Leap in Faculty Size
- United States | 03/11/2010
Legal Articles
- Brazil's 2009 Tax Audits Yield $49 Billion in Assessments
- Otacílio Cartaxo, chief commissioner of Brazil's Federal Revenue Department, on February 1 released the results of Brazil's 2009 tax audits, revealing that between corporate and individual taxpayers, the department assessed more than BRL 90 billion (about $48.6 billion) in federal taxes, the second-highest amount in the past 10 years. Between January and December 2009, the Federal Revenue Department began tax procedures against 474,813 taxpayers, resulting in BRL 90.39 billion in assessed taxes, penalties, and interest. The 2009 assessed taxes are more than 20 percent greater than the BRL 75.2 billion assessed in 2008 but smaller than the BRL 100.15 billion assessed in 2007. The highest number of procedures (4,222) against corporate taxpayers were initiated against the service sector, generating BRL 13.27 billion in assessments, followed by industry (BRL 37.67 billion), commerce (BRL 13.7 billion), and civil construction (BRL 1.32 billion). The financial sector was seventh in number of assessed taxpayers, but fourth in assessment value, with almost BRL 6.8 billion in assessed taxes. Among individual taxpayers, company owners and management were the most targeted with 2,015 tax procedures (BRL 1.37 billion in assessed taxes), followed by public servants, with 1,440 procedures and BRL 264 million in assessed taxes, and professionals, with 1,228 procedures and BRL 410 million in tax assessments.
Brazil | 03/09/2010
