Brazil's Supreme Court overturns suspension of high-profile tax case judgment

Brazilian Supreme Court Justice Andre Mendonca on Thursday overturned a previous decision to suspend the effectiveness of a high-profile judgment on tax benefits in the country's top appeals court.

The judgment on Brazil's Superior Court of Justice (STJ), the top appeals court for non-constitutional matters, had ruled in favor of a government thesis that, according to the Finance Ministry, could boost public coffers in about 90 billion reais ($18 billion) annually.

($1 = 4.9924 reais)