Law 14,112/2020 may have created a scenario that finally makes it possible to demand tax regularity from debtor companies for judicial recovery. The effective application of this understanding, however, will depend on a combination of factors that will be examined on a case-by-case basis. Approval of the plan by creditors …
Read More »Seven states exceed the Fiscal Responsibility Act limits
Photo: Reproduction/MG Govt In the second four months of 2023, Rio Grande do Norte, Roraima, Acre and Minas Gerais (photo) exceeded the limit on personnel costs set by the Fiscal Responsibility Law (LRF) for the executive branch, set at 49%. The figures are contained in the Financial Management Report for …
Read More »