Ricardo Tosto Carvalho, the founding partner of Leite, Barros and Tosto law firm, is positive that law 13,254 which was dated on 13th January 2016 will create a pathway for technical exchanges between Brazilian lawyers and foreign lawyers. Gil Vente Gama agrees with Ricardo and says that technical partnerships can hasten procedures between two or more countries as in the case of the asset regularization project abroad which involve Brazil and the resource host country. This project of repatriation of resources took long before it was approved by the Congress. Ricardo Tosto remembers that at first the income tax and fine was 17.5% each which was to be levied on the current exchange rate. However, both income tax rate and fine reduced to 15% after discussions.
Ricardo Tosto also in his law 13254 highlighted the possibility of clearing crimes such as tax evasion, misconduct and money laundering. He says that amnesty will not be granted to serious crimes cases like corruption, drug trafficking. The partnership between Brazilian and foreign lawyers will homogenize laws and depict those who intend to keep resources hidden. Ricardo Tosto Tosto denotes in this project that it’s unlawful to keep resources abroad without the consent of the Brazilian tax authorities and so this project will ensure regulation of such cases. He adds that the close ties between these advocate professionals in multiple countries will ensure resources do not divert unlawfully outside Brazil.
Ricardo Tosto studies bachelor in law Mackenzie University of Presbyterian and has extended Business Administration from the AAPF. He is among the greatest entrepreneurs and strategists of law in Brazil. He has defended people and companies in which some cases have had a national effect. He is a quality lawyer who clearly knows limits that he should not pass while working. He is experienced since he has advocated for governments, transnational groups, for politicians and pro- bono for non-governmental organizations.
Ricardo Tosto through Leite, Tosto e Barros has made a very significant contribution in Brazil as a certain client who works in a certain company says that it’s the first on their list when they are taking a legal action since it increases the value of their strategies.