Brazilian Federal Revenue Service Aligns Fintechs with Financial Institutions for Tax Reporting
On August 28, 2025, the Brazilian Federal Revenue Service (RFB) issued Tax Directive No. 2,278, marking a significant regulatory convergence in the digital finance sector. The rule effectively mandates that fintechs and payment institutions are treated as financial institutions for purposes of information reporting, specifically via the e-Financeira electronic system. This measure brings entities operating […]
Litigation Volume Rises, Projected to Hit New Post-2017 Record in 2025
The volume of claims filed in Brazil’s Labor Courts continues its upward trajectory and is projected to reach its highest level since the 2017 Labor Reform in 2025. This surge is primarily driven by the services sector. In 2024, approximately 2.1 million lawsuits were filed—the largest total since the Reform’s enactment. After a post-Reform low […]