On September 28th, partner Ana Cláudia Akie Utumi discussed two tax planning subjects at Brazilian Association of Tax Law (ABRADT) and Minas Gerais Federal University (UFMG): capital reduction and further sale, and segregation of activities in different legal entities, under coordination of our dear friend Valter Lobato, with Luís Flávio Neto and Rodrigo Moreira Lopes.