Post by firoj1313 on Feb 11, 2024 23:50:27 GMT -5
The Law on the Execution of Extrajudicial Titles comes into force this Saturday. Law of 2006, amends 85 articles of the Civil Procedure Code to fill holes that allowed ill-intentioned and well-advised debtors to escape debts with their assets unharmed or to indefinitely postpone the conclusion of processes. A report by Valor Econômico informs that the law facilitates the blocking of assets deposited in the financial system or in notary offices, eliminates procedural courtesies previously offered to debtors and puts an end to the dreaded judicial auctions, where a lot of assets used to be transformed into little money. Goodwill The actions of large companies are causing banks to reduce interest rates on some credit lines to expand their portfolios, especially in the small business segment.
The discount on duplicates and the vendor, which are the lines that face the greatest competition from non-financial companies, fell by 5.6 and 4.9 percentage points, respectively, between November 2005 and November 2006. According to the DCI , in the same period, the basic interest rate (Selic) fell 4.75 percentage points. All other credit lines fell below this level Finland Email List according to data from the Central Bank. Tax Burden The Union of Accounting Services Companies and Advisory, Expertise, Information and Research Companies in the State of São Paulo (Sescon) adopted a critical position on the General Micro and Small Business Law, approved at the end of last year. The entity's main criticism is the high tax burden that the law can generate for taxpayers.
The new president of the association, José Maria Chapina Alcazar, is especially critical of Super Simples — which, for him, should not be called that way. “How can a tax that has a series of different mathematical formulas be called Super Simple?” asks the director. The information is from the DCI . Naked eye Commercial establishments will have to be even more careful when reporting product prices. A new decree, in force since last December, now makes it even clearer that stores that only price products in installments and fail to display the value of the merchandise may be punished with a fine ranging from R$200 to R$3 millions. Furthermore, stores that display barcodes on products are now required to provide an optical reader within a maximum of 15 meters of each item.
The discount on duplicates and the vendor, which are the lines that face the greatest competition from non-financial companies, fell by 5.6 and 4.9 percentage points, respectively, between November 2005 and November 2006. According to the DCI , in the same period, the basic interest rate (Selic) fell 4.75 percentage points. All other credit lines fell below this level Finland Email List according to data from the Central Bank. Tax Burden The Union of Accounting Services Companies and Advisory, Expertise, Information and Research Companies in the State of São Paulo (Sescon) adopted a critical position on the General Micro and Small Business Law, approved at the end of last year. The entity's main criticism is the high tax burden that the law can generate for taxpayers.
The new president of the association, José Maria Chapina Alcazar, is especially critical of Super Simples — which, for him, should not be called that way. “How can a tax that has a series of different mathematical formulas be called Super Simple?” asks the director. The information is from the DCI . Naked eye Commercial establishments will have to be even more careful when reporting product prices. A new decree, in force since last December, now makes it even clearer that stores that only price products in installments and fail to display the value of the merchandise may be punished with a fine ranging from R$200 to R$3 millions. Furthermore, stores that display barcodes on products are now required to provide an optical reader within a maximum of 15 meters of each item.