The Second Panel of Brazil\u2019s Superior Tribunal de Justi\u00e7a (STJ), in Special Appeal No. 2,139,412 \u2013 MT, held that the Tax on Inheritance and Gifts (ITCMD) must be calculated based on the market value of real estate assets contributed to a family holding company, rather than on their book value as recorded in the balance sheet (net equity).<\/p>\n\n\n\n
The Court\u2019s reasoning was grounded in Article 38 of the Brazilian National Tax Code (CTN), which establishes that the tax base must correspond to the fair market value of the transferred assets and rights.<\/p>\n\n\n\n
This decision directly impacts the wealth planning of families that use holding companies to facilitate succession, as, where the company is purely asset-holding and its primary assets consist of real estate, the market value of such assets will be used as the tax base for ITCMD.<\/p>\n\n\n\n
In light of this understanding, it reinforces the need for wealth planning\u2014especially structures involving family holding companies\u2014to be conducted with more robust legal and tax analysis, given that the STJ\u2019s case law points toward a stricter interpretation of business purpose.<\/p>\n\n\n\n
<\/p>","protected":false},"excerpt":{"rendered":"
A 2. Turma Do Superior Tribunal De Justi\u00e7a (“STJ”) no REsp 2139412 – MT, decidiu que o Imposto Sobre Transmiss\u00e3o De Causa Mortis e Doa\u00e7\u00e3o (“ITCMD”) deve incidir sobre o valor de mercado dos im\u00f3veis integralizados na holding patrimonial, e n\u00e3o sobe o valor cont\u00e1bil constante no balan\u00e7o (patrim\u00f4nio l\u00edquido) A argumenta\u00e7\u00e3o teve como base […]<\/p>\n","protected":false},"author":1,"featured_media":621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sem-categoria"],"yoast_head":"\n