The Company has judicial deposits related to labor, civil, tax and social security claims as shown below:
| |
|
|
|
| Judicial deposits |
12/31/2009 |
12/31/2008 |
01/01/2008 |
| Labor |
9,409 |
9,156 |
10,965 |
| Civil |
1,638 |
978 |
1,952 |
| Lease of poles and ducts |
22,871 |
17,040 |
14,637 |
| Copyrights – ECAD |
20,459 |
15,374 |
54,718 |
| Tax |
16,733 |
64,709 |
85,290 |
| Social security |
3,499 |
3,665 |
3,499 |
|
74,609 |
110,922 |
171,061 |
All states in which Net Serviços subsidiaries operate, except for the State of Rio Grande do Sul, adhered to the provisions in the ICMS Agreement 57/99. The current ICMS tax rate under this Agreement is 10%. The State of Rio Grande do Sul is taxing such services at the rate of 12%. The Company challenged the rate of 12% and made judicial deposits of the amounts in excess of the rates in effect under the ICMS Agreement 57/99. However, in November 2009 a judicial decision was made in favor of the State resulting in the release of R$50,869 from the related judicial deposit in favor of the State.