Brazil Adds Ireland to Black List and Austrian Holding Companies to Grey List
On 13 September 2016, Brazil published Normative Instruction RFB No. 1658/2016 in the Official Gazette, which amends Normative Instruction RFB No. 1037/2010 (list of low tax jurisdictions and privileged tax regimes). The main amendments include:
- The addition of Curacao, Ireland and Sint Maarten as low tax jurisdictions (black list), and the removal of the Netherlands Antilles;
- The addition of …