IOF Credit – Revocation of the 0% rate

Decree No. 10,551 / 2020 was published today, revoking the reduction of the 0% IOF Credit rate, previously valid until December 31 (See Newsletter – IOF Credit – 0% – December 31th, 2020). Therefore, credit transactions contracted as of tomorrow (November 27), were again charged by IOF Credit according to the type of credit transaction […]

IOF Crédito – Revogação da Alíquota 0%

Foi publicado hoje o Decreto nº 10.551/2020 que revogou a redução da alíquota 0% do IOF Crédito, anteriormente válida até o dia 31 de dezembro (Ver Newsletter –  IOF Crédito – 0% – 31 de Dezembro de 2020). Nesse sentido, as operações de crédito contratadas a partir de amanhã (27 de novembro), voltarão a ser […]

Capital Markets

SNA advises market participants in domestic and cross-border issues in several matters involving capital markets and securities laws, including: Structuring and registry of public offers; Registry of securities issuers; Structuring and incorporation of investment funds; Incorporation and registry of market participants (brokers, dealers, asset management firms, investment agents firms, among others) before regulation and self-regulation […]

Banking and Finance

SNA advises both lenders and borrowers, in domestic and cross-border transactions, in several matters involving banking and finance law, including: Structuring of debt financing transactions; Negotiation and drafting of financing documents and other banking instruments, including secured and unsecured credit agreements in bilateral and syndicated transactions, senior, subordinated and mezzanine financing agreements, documentary credit documents, […]


SNA assists its clients with the authorities of the Brazilian Antitrust and Competition Defense System in relation to transactions involving the acquisition or corporate restructuring, as well as in other commercial or corporate agreements. SNA works in administrative and judicial proceedings with authorities, including the negotiation of cessation agreements and leniency agreements; prepares studies and […]


SNA has a highly specialized team in providing legal advice, consulting and litigation, related to issues inherent to this very important sector of the Brazilian economy. Given the specificity of the area and amplitude of matters that it raises, the activities of the firm integrate all of other sectors of activities for the complete solution […]

ICMS Tax Benefits end as from November in São Paulo

The State of São Paulo published Decree No. 65,156/2020, which established October 31st and December 31st as deadlines for several ICMS tax benefits based on Agreements among States. Accordingly, as from November 1st, 2020; and January 1st, 2021; ICMS tax benefits included in Annexes I (exemption); II (reduction of the tax calculation base); and III […]

Benefícios Fiscais de ICMS se encerram a partir de novembro em São Paulo

O Estado de São Paulo publicou o Decreto nº 65.156/2020 que estabeleceu os dias 31 de outubro e dia 31 de dezembro como prazos finais para a fruição de diversos benefícios fiscais do ICMS baseados em Convênios entre os Estados. Nesse sentido, a partir de 1º de novembro de 2020 e 1º de janeiro de […]