On September 22, Provisional Measure No. 692/2015 was published in the Official Gazette, amending certain rules on (i) the income tax payable on capital gains and (ii) the Program of Tax Litigation Reduction - PRORELIT.

In a recent decision, the Second Chamber of the Superior Court of Justice (STJ) understood that the exclusion of the income tax exemption in cases where the taxpayer uses the capital gains to pay off...

On 22 September 2015 the Brazilian Government published Provisional Measure 692 which creates a progressive regime for income tax due on capital gains realized on the sale of assets and rights by individuals.

Law No. 13,259/2016, which resulted from the conversion into Law of Provisional Measure No. 692/2015, was published in the Official Gazette on March 17, 2016.

上記は、ブラジルに投資した資産を処分することを考える日本企業を含めた外国企業に影響を与え得るため、ご紹介いたします。

In September 2015, the Brazilian federal government proposed a new rule increasing the income tax rates applicable to capital gains payable by certain taxpayers from a transfer or sale of assets or rights.

Brazil's new government has made rapid progress in its desired aim to change a raft of the country's tax laws and regulation, and now the country's congress is studying reforms to the regime...

Clique aqui e leia o Boletim Tributário na íntegra.

CSRF UNDERSTANDS THAT THE CONCEPT OF WHOLESALE MARKET PRICE IS NOT RESTRICTED TO MARKETS LOCATED IN A MUNICIPALITY, BUT ALSO TO METROPOLITAN REGIONS

On September 22, 2015, the Brazilian federal government proposed a new rule—Medida Provisória n. 692/2015 ("MP 692").

The table below shows the differences between the rates and thresholds of the original text in MP 692 and the amended text in PLC 27.

Provisional Measure No. 692/2015 increases the income tax rate on capital gains earned by individuals and certain companies1 from 15% to 15%-30%.

On March 7, 2014, Brazilian Federal Tax Authorities issued a new Normative Ordinance (IN 1,455) regarding the withholding income tax on transactions between residents and nonresidents.

On May 20, 2015, the federal government published Decree 8.451, which (i) zero-rates the social contributions PIS and COFINS attaching to gains resulting from fluctuations in foreign exchange rates...

The provisional measure will come into effect on September 1, 2015.

The Brazilian Presidency sanctioned, on March 16, 2016, Law No. 13,259/16, which converted into law the rules of Provisional Measure No. 692 of September 22, 2015 ("MP 692/15").

In an effort to reduce the tax cost of equity transactions, Brazilian companies have adopted business structures that allow taxpayers to benefit from the deduction of expenses incurred with the goodwill amortization.

Confira os prazos e as principais regras da Declaração de Capitais Brasileiros no Exterior (CBE)...

The Brazilian Internal Revenue Service released on 03/05/2015 a report with the outcome of federal tax inspections carried out during the year of 2014.

On June 30, 2022, the double taxation agreement ("DTA") signed between Brazil and Singapore was ratified by Brazilian Government. The DTA had already been ratified by Singapore at the end of 2021 and...