EYEY

Brazil tax authorities rule on treatment of payments for right to commercialize or distribute software

|Tax Alerts, Information Reporting, Legis ...|Brazil
Brazil

  • In a Private Letter Ruling, Brazil tax authorities ruled that payments abroad for the right to commercialize or distribute software in Brazil should be treated as royalties for tax purposes.
  • A distinction was drawn between the right to distribute and the right to use the software.
  • Taxpayers in Brazil with similar facts will want to consider how the analysis described in this ruling might apply to th…

Continue Reading