Padis Mattar Advogados

Brazil

World Tax Reviews

Tax

The tax team at Padis Mattar Advogados is known for offering solutions to tax issues arisen from complex cross-border transactions, including M&A, restructuring and project finance. The firm works to provide in depth tax consultancy both in advisory and litigation areas. The spectrum of work on tax advisory comprises all three government spheres (federal, state, and municipal taxes) and features the compliance with tax obligations, due diligences, tax incentives and the monitoring of special regimes, with focus on the aviation, banking, pharmaceutical and energy sectors.

During the past year, the team represented Ad Hoc Group of Lenders and Bondholders of Samarco in the judicial reorganization filed by Samarco in April 2021 (“JR”). Tax advisory was provided including: the tax planning of the alternative plan proposed by the AHG under the recently amended JR Law; assistance on measures as to mitigate any potential tax liability derived from the JR; revaluation of Samarco’s tax liabilities as per their published financial statements; assessment on the possibility and requirements in order to execute tax agreements before federal tax authorities in accordance with the new tax transaction law; among other tax consultancy activities in connection with the restructuring.