Brazil Issues Ruling that SaaS is Considered Technical Service Subject to Withholding Tax
Brazil has published Private Ruling 99001 of 29 March 2021 in the Official Gazette concerning withholding tax on payments for Software as a Service (SaaS). The ruling provides that SaaS is considered a technical service that requires specialized knowledge in computer science and results from automated structures with clear technological content. As such, payments for SaaS to a non-resident are…
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