Category Archives: Brazilian Lawyer

Understand How CBE Annual and CBE Quarterly Works With Ricardo Tosto

he deadline for the mandatory annual declaration of Brazilian Capitals Abroad (CBE ANNUAL) was last April 5. However, the quarterly statements should still be made in the course of 2017. The ANNUAL CBE
The founding partner of the law firm Leite, Tosto e Barros, lawyer Ricardo Tosto, reports that the annual declaration is mandatory for individuals or legal entities resident, domiciled or headquartered in Brazil, and that are owners of assets of any nature – such as the participation in the capital of companies, fixed-income securities, stocks, deposits, real estate, among others – abroad that total an amount equal to or greater than the equivalent of US $ 100,000.00 (one hundred thousand US dollars) on the last day of each year.


The CBE Quarterly statements, on the base dates of March 31, June 30 and September 30 of each year, must be performed by individuals or legal entities, as well as in the annual CBE, also a resident, domiciled or headquartered in Brazil. A country, holders of assets of any nature abroad – however, totalling an amount equal to or greater than the equivalent of US $ 100,000,000.00 (one hundred million US dollars).

The deadline for delivery for the base date of March 31 ended at 6:00 pm on June 5. The delivery of the statement regarding the base date of June 30, will be open between July 31 and September 6 at 6:00 pm. Finally, the statement regarding the base date of September 30, will have delivery deadline between October 31 and December 6 at 6:00 pm.It is worth remembering that there is no specific CBE statement for the fourth quarter of the year, notes the founding partner of Leite, Tosto, and Barros, Ricardo Tosto.

In case of loss of term

According to the Central Bank of Brazil (BACEN), those who miss the deadlines stipulated for the delivery of CBEs, both annual and quarterly, as well as those who made the delivery with error or vice, incomplete or with false information will be subject to suffer the application of a fine by the institution, which can reach the value of up to R $ 250,000, warns the lawyer Ricardo Tosto.

What to declare?

Ricardo Tosto explains that according to BACEN Resolution 3,854 / 2010, art. 3, the following modalities of assets held outside the country must be declared to the Central Bank of Brazil: 1) deposit in current accounts abroad; 2) currency loan; 3) financing (export of goods and/or services, etc.); 4) financial leasing and leasing; 5) direct investment (participation in the capital of companies abroad); 6) portfolio investments; 7) application of financial derivatives; and 8) other investments, including real estate in Brazilian Law and other assets.

Form of delivery

The declarations should be made online, through the CBE declaration form, which is available on the website of the Brazilian Central Bank on the Internet at, ends Ricardo Tosto, Leite, Tosto e Barros.

Severe Storms in West Coast Cause Pioneer Cabin Tree To Succumb After More Than 1000 Years

If you are an outdoor enthusiast living in the United States, it is hard to miss the famed Pioneer Cabin Tree, in California. The tree was not only more than 1000 years old, but it also became famous worldwide due to a tunnel carved some 137 years earlier. The tunnel under the tree trunk was so large that a car could drive underneath the shaft.


Unfortunately, the giant tree could not withstand a huge wind and flood storm, which forced the Pioneer Cabin Tree to succumb to its death. In a Facebook post, the Calaveras Big Tree Association commented that they lost an old friend as recent powerful storms in California and Nevada caused to tree to fall. Nearly, two thousand comments were posted on the Facebook, which also caused a debate on the impact of human intervention. According to one of the comments, the foundations of the tree were weakened by the giant tunnel carved underneath it. Had it not been for the tunnel, the tree would have survived many more years.


It is notable that the giant tree is from Giant Sequoia family. These trees can grow to a height of almost 250 feet. Besides their height, they are also prominent due to their massive circumference. Perhaps, this is the reason why loggers carved a beautiful tunnel at the bottom, which continued to attract tourists from around the world. In California, there are hundreds of prominent picture of the Pioneer Cabin Tree displayed around major public spots. The tree had become a sort of celebrity for outdoor enthusiasts who would often hold a picnic under the shaft. Similarly, it was equally popular with couples and families. Pictures of outdoor enthusiasts dating back to 19th century still exist.


According to weather experts, the area was severely hit by strong storms that also included torrential rains and floods. The wind speed and flowing water would have damaged the roots causing the tree to fall. The National Weather Service released a special statement claiming that the Russian River in California and the Truckee River in Nevada burst their banks. As a result, an intense weather system was created in the area, named Pineapple Express. Irrespective of the announcement, it is clear that the United States will be without one of its most symbolic trees.




Ricardo Tosto: Choosing A Business Litigation Attorney In Brazil

Are you having a complex issue related to business in Brazil? Do you want to enlist the expert services of a business lawyer in Brazil? Perhaps you have heard about the outstanding results Ricardo Tosto de Oliveira Carvalho has obtained for his clients.  Ricardo Tosto de Oliveira Carvalho is well known for advising and representing business and individual clients and has a good reputation in the industry.

As a business grows, disputes will happen. Not all conflicts can be avoided, but they can be settled appropriately and promptly with a business litigation attorney. A proficient business lawyer has the resources and skills to address a wide variety of legal issues that are prevalent in business environments, including breach of contract, shareholder issues, intellectual property concerns and a vast range of other complex situations.

Sometimes the parties reach an agreement to utilize alternative resolution methods such as mediation or arbitration, and avoid litigation. A knowledgeable lawyer knows how to handle the process. Most litigation is cleared up with negotiation and open communication, without going to trial.

When selecting a lawyer, you need someone with a solid track record in the community. Check out reviews that previous clients have given, ask around and find out if anyone is familiar with their work.

Ricardo Tosto de Oliveira Carvalho is a great choice for anyone who wants top notch legal solution. He specializes in business and corporate law and is a great lawyer. Ricardo has great negotiation skills as well as powerful litigation strategies.

Ricardo Tosto is very professional, timely, and makes his clients to understand their legal dilemmas by putting them in laymen terminology. Ricardo Tosto absolutely comes highly recommended to anyone with a legal challenge or difficulties in his area of his expertise.

Ricardo Tosto – Lawyer Who is Shaping the Brazilian Law

From 2000 to 2010, Brazil created 75,517 laws, adding common and complementary state and federal laws, as well as federal decrees to its legislation. That gives 6,865 laws a year, which means that 18 laws were created every day since 2000.

Instead of contributing to the application of law, much of the newly formed laws only served to aggravate the problems of judicial machinery. According to experts, most of the laws are considered unconstitutional and end up occupying the courts as judges have to discard them. Even for the legitimate ones, it is sometimes impossible for the judge to gain information about hundreds of new laws. As a result, judges often ignore these laws or they simply prefer to ignore them.

Although the introduction of new laws should help, but it is precisely their excess that is one of the factors that hamper the judiciary. Another reason would be the low quality of legislative production – a law that is not linked to social reality, or another that is not based on constitutional principles, should not be implemented.

The problem intensifies with laws that are almost folkloric, such as laws that prohibits the opening of lan houses within a kilometer of schools. Others are considered unconstitutional even to the judges, who recognize the good intentions of the legislator, but are obliged to make the correct interpretation of law. One of the cases is the law that stipulates the prohibition of cellular and transmission devices inside the banking branches. The purpose was to curb the crime of “bank fraud,” but the law also violated the fundamental right to freedom of communication.

Ricardo Tosto – The Lawyer Who Is Shaping Brazilian Law

Ricardo Tosto is one of the most influential litigators in Brasil, who have raised the voice against such issues. As the word spread of his expertise, the business grew from a legal practice in a small room to one of the largest legal offices in the country. In the last years, his firm is instrumental in defining important piece of litigation that marked some of the most important legal cases in the history.

How To Decide On The Best Business Attorney For Your Matter

If you find yourself in legal trouble, you need to act fast and get the right lawyer for the case. To choose the best business attorney, you may be in need of to start out by determining which law firms are delivering business services in your area. With this information in mind, you can then compare law firms based on their availability, reputation, and experience to take on your lawsuit.

It is important to understand that you should not simply choose a business or corporate lawyer or law firm. In addition, you may find it easier to secure a good lawyer or attorney if you have a friend, relative or colleague who has hired a lawyer or attorney for similar case. These people will be happy to recommend a lawyer who has provided good service to them.

Before you ultimately decide who to hire, you also want to do some background check on the lawyer you are considering. Contact reputable organizations and associations to find out if the lawyer you have in mind has had any complaints filed against him or her.

Set up a consultation with the lawyer’s office to discuss the case in details and find out what the lawyer thinks about it. This is an opportunity to find out about the lawyer’s personality as this can determine whether or not you will be able to get along with him or her.

Ricardo Tosto de Oliveira Carvalho has numerous clients Brazil and he is recognized around the world. Business clients go to Ricardo Tosto with their most vital and also difficult business conflicts. He works very hard for his clients to settle their legal issues, using his know-how and his understanding of his clients’ business goals.

Ricardo Tosto handles disputes as complex and also varied as today’s organization. He advises and guides popular financial institutions and international companies in cases involving intricate business matters. Businesses rely upon Ricardo Tosto in company control competitions, insurance disagreements, contract disagreements and also various other business and corporate issues. He also represents politicians and individuals in high profile cases.