Unlike the various changes on IOF/FX rates that were recently focused on the past appreciation of the Brazilian Reais, the new provision and the actual foreign exchange rate suggests prudential measure to refrain an excessive depreciation of the Brazilian currency.

Brazil on November 13 published in its official gazette presidential decrees promulgating its income tax treaties with Trinidad and Tobago and Venezuela, years after they were signed.

The Brazilian Ministry of Finance reported that Brazil and the United States have executed an Intergovernmental Agreement ("IGA") that should facilitate the exchange of information between tax authorities of both countries.

On August 8, 2013, the Brazilian Federal Revenue Secretariat, through a division named General Coordination of Taxation, issued an important interpretation that a specific legal provision in Brazil does not violate international tax treaties executed by the country to avoid double taxation.

On December 8, 2015, law No. 13,202 was published, as a result of the conversion of Provisional Measure No. 685/2015 into law.

On June 20, 2014, the Brazilian Federal Treasury published Interpretative Declaratory Act nr. 5.

On March 20, 2007, the governments of Brazil and the United States signed the US-Brazilian Tax Information Exchange Agreement to combat tax evasion and other tax related crimes as well as to protect their tax basis in cross-border transactions involving both jurisdictions.

On August 25, 2015, Federal Decree No. 8506/2015 was published in the Official Gazette.

A IN RFB 1.656/2016, publicada em 02 de agosto de 2016, alterou o artigo 5 da IN RFB 1.079/2016 para excluir a previsão de que o direito de alteração do regime de competência para o regime de caixa, no reconhecimento das variações monetárias no decorrer do ano-calendário, é restrito ao reconhecimento, mediante edição de Portaria do Ministério da Fazenda, de casos de elevada oscilação.

Os sócios Luís Flávio Neto e Victor Polizelli contribuem com um capítulo que aborda a tributação empresarial na ausência de tratados de dupla tributação...

Brazil and Switzerland signed a Double Tax Treaty (DTT) on May 03, 2018. The treaty was signed in Brasilia by the secretary of the Brazilian Federal Revenue Department, Mr Jorge Rachid...

On June 24, 2010, the Normative Ruling nº 1.045 (NR 1045/10) was published, which allows jurisdictions listed as tax haven or fiscal privileged regimes to review their inclusion in the list. The list under review was issued in Normative Ruling nº 1.037, on June 7, 2010 (NR 1037/10).

On December 9th, 2015, Law No. 13,202/2015 was published to convert into law Provisional Measure No. 685/2015.

On December 19, 2014, the Secretary of the Brazilian Federal Revenue Office (Receita Federal do Brasil – RFB) issued RFB Normative Instruction [Instrução Normativa] No. 1530 (RFB IN 1530/2014), which defines the meaning of international standards of fiscal transparency

In 2020 we published a news article following a decree of the Dutch State Secretary of Finance (the Decree) that was published on 27 August 2020 regarding the qualification of Brazilian...

O ingresso do Brasil na OCDE, o clube dos ricos, poderá impactar o sistema tributário nacional. Nesta quarta (28), Henrique Meirelles (Fazenda) e Ilan Goldfajn (BC) se reúnem com ...

In December 2010, following a multinational effort to limit tax havens, Luxembourg terminated the existence of its famous 1929 holding company structure.

On May 12 2011 the Brazilian Internal Revenue Service issued Ordinance 1.154 on the principles of thin capitalisation.

Taxation of Profits of Controlled Foreign Companies (CFC): Double Taxation Conventions must prevail over domestic rules.

Supremo irá decidir em fevereiro se os lucros de controladas e coligadas localizadas em países com tratado para evitar a bitributação podem ser tributados pelo IRPJ e pela CSLL no Brasil...