Brazil Clarifies Requirements for Deduction of Payments for Certain Intra-group Services/Activities
Brazil recently published Private Ruling 1001 of 9 January 2018 concerning the deduction of certain cross-border payments to a foreign group entity, including for strategic decision support, information management, risk management, and supply chain and acquisitions management. In order for payments for such services/activities to be deductible, the activity must be necessary, useful, and for t…
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