Brazil Tax News

Brazil Reinstates Indirect Tax Refund for Exporters

22 July 2014

Brazil Introduces New Rules for Investment in Local Financial Markets

16 July 2014

Tax Treaty between Barbados and Brazil to be Negotiated

30 June 2014

Brazil Issues Clarification on Taxation of Technical Service and Assistance Fees

27 June 2014

Brazil Reduces Application of Financial Transaction Tax on Cross-Border Loans

5 June 2014

Major Changes Introduced in Brazil's MP 627 Converted into Law

19 May 2014

Brazilian Court Rules on the Applicability of CFC Rules for Companies in Tax Treaty Countries

2 May 2014

Brazil Issues Instructions on Withholding Tax for Transaction Between Residents and Non-Residents

20 March 2014

Protocol to treaty between Brazil and Norway signed

14 March 2014

General Office of the National Treasury's Attorney changes position on the application of tax treaties on outbound payments for technical services without transfer of technology

1 February 2014

Normative Instruction 1,433/2013 – Income tax rates on income from employee profit sharing plans

1 January 2014

Provisional Measure 627/2013 – CFC rules for resident individuals introduced

25 December 2013

Normative Instruction 1,603/2013 – Changes to penalties for failing to provide information on cross-border transactions between residents and non-residents

25 December 2013

Normative Instruction 1,391/2013 – Changes to obligation to provide information on cross-border transactions between residents and non-residents

2 December 2013

Federal Revenue Office Private Ruling – CFC rules compatible with tax treaties

2 December 2013

Protocol to treaty between Brazil and India signed

2 December 2013

Administrative Tax Appeals Council rules on taxable capital gains on exchange of shares

29 July 2013

Spin-off does not trigger Brazilian CFC rules prior to 2001 when investment in foreign entity is transferred as part of transaction

29 July 2013

Treaty between Argentina and Brazil – Argentine Court of Appeals rules on the application of transfer pricing method

27 June 2013

Law 12,814/2913 increased gross revenue limit for opting to presumed profit regime

27 June 2013

Provisional Measure 612/2013 – presumed profits regime extended and other relevant changes

24 June 2013

Supreme Federal Court issues decision on profits derived by foreign controlled and affiliated companies for corporate income tax purposes

24 June 2013

Provisional Measure 582/2012 converted into law

24 June 2013

Senate approves provisional measure to extend presumed profit regime

6 May 2013

Filing procedures for transactions involving non-resident persons – Regulations amended

6 May 2013

Treaty between Brazil and Turkey enters into force

4 May 2013

Tax benefits amended by Provisional Measure 601/2012

25 March 2013

New transfer pricing provisions – regulations

25 March 2013

Transfer pricing regulations on interest payments – amended

25 March 2013

Transfer pricing provisions – amendments to interest payments regulations

25 March 2013