The Minas Gerais Court of Justice (TJMG) has allowed the freezing of amounts in the bank accounts of Starbucks’ operator in Brazil, South Rock Capital, for the benefit of Starbucks in Brazil. Active debt repayment with the state executive. Debt is almost up 178 thousand Brazilian reals.
In a decision published on Tuesday (7), Judge Mauro Peña Rocha, of the Second Tax Court of the State of the Province of Belo Horizonte, He stated that the amount refers to the Circulation of Goods and Services (ICMS) tax.which were not collected between January and November 2022.
If the company does not respond within five days, the withheld amount may be transferred to a judicial account. If the operator does not have the resources available, the MG Government will be notified to request the debt in another way, within a period of one year.
“[…] If there are no assets to freeze, the creditor must be given permission to request whatever is valid. If nothing is required, the action shall be suspended, with the plaintiff hereby notified that after the expiration of the period of one year without appearing, regardless of a new subpoena, which will be authenticated to the records, the action shall be archived in accordance with the provisions of Judgment No. 301 of the year 2015 for the General Inspectorate of Justice.
Another action is being processed in the Third State Tax Court of the District of Belo Horizonte, with a value of 86,913.47 Brazilian realswhich actually was Starbucks has been ordered to pay another debt owed to the Minas Gerais state government. The debts date back to December 2022 and January 2023.
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