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STF to Determine Constitutionality of Fines Exceeding 20% of Transaction Value

  • STF will determine if fines over 20% of transaction value are confiscatory
  • Taxpayer is challenging constitutionality of a provision in Rondônia
  • Provision imposes a fine of 40% of transaction value for certain situations
  • No scheduled trial date for the case.

Source: klalaw.com.br

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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