Ricardo Tosto is a founding partner of one of the more influential law firms in all of Brazil – Leite, Tosto, and Barros, and since his initial foray into the field of law, he has consistently been recognized as one of the country’s most elite strategists, navigating the murky waters of business litigation in expert fashion. Ricardo Tosto received his education from the Mackenzie Presbyterian University, where he received a bachelors degree in law, as well as Armando AlvaresPenteado Foundation. Over the course of his career, Ricardo Tosto has provided a stellar defense for a number of individuals and companies that have gone on to garner national recognition. Ricardo Tosto has often acted as a pioneer, championing avant-garde legal mechanisms that have eventually gained widespread usage, and are now recognized as common practice. At the law firm, Leite, Tosto, and Barros, Ricardo Tosto’s responsibilities are often extensive, as he generally handles many of the most important cases personally, overseeing management, supervision, and strategy formulation.
In Brazil, law 13,254, which talks about the repatriation of assets outside of the country, has been one of the most hotly debated topics amongst lawyers, most notably Ricardo Tosto. This precept will allow for technical exchanges between Brazilian lawyers and those abroad. In Ricardo Tosto’s estimation, this new principle is a positive for the people of Brazil as a whole, as it calls for more thorough documentation, which will, in the end, provide for better opportunities concerning the repatriation of Brazilian assets. Gil Vincente Gama, one of the partners for Nelson William Advogados and Associates, is a staunch believer in law 13,254, backing Ricardo Tosto’s stance, and he highlights the fact that this process will open up doors for foreign and national lawyers. The precept calling for the repatriation of resources has undergone a considerable amount of changes and tweaks throughout the long process, which originally called for a higher tax rate and fine than what exists now in its current state. Law 13,254 also provides the opportunity for amnesty regarding crimes such as tax evasion and money laundering, but will not affect charges of smuggling and drug trafficking.
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