OrbitaxBrazil Removes the UAE and Austrian Holding Company Regime from Favorable Taxation and Privileged Tax Regime Blacklists
|Approved Changes|Brazil
Brazil's Federal Revenue Service (RFB) has announced changes to the list of countries with favorable taxation and the list of privileged tax regimes (blacklists) contained in Normative Instruction No. 1.037/2010. This includes the removal of the United Arab Emirates (UAE) based on Article 24-C of Law No. 9.430/1996, which was added by Law No. 15.079/2024. As previously reported, Article 24-C…
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