In view of the ever-growing movement of innovative economic activities, the Securities Commission – Comissão de Valores Mobiliários (“CVM”) edited in July 2017 the CVM Instruction no. 588 (“IN 588”) to regulate the public fund raising by small-sized business companies. According to the IN 588, the relationship between investors and takers occurs through an electronic platform of participative investment, responsible for the offer and distribution of the securities issued by the taker companies.
Daniel Dix has more than eighteen years’ tax experience, most recently as a partner of PricewaterhouseCoopers (PwC). Daniel is a renowned expert in the area of indirect taxation and has participated in major transactions and advised large companies in a wide range of sectors, particularly the energy sector.