Brazil Tax News

Treaty between Peru and Brazil approved

27 July 2008

Treaty between Brazil and Mexico – Brazil recognizes Mexican flat rate business tax as covered under treaty

16 March 2008

IOF and CSLL rate increased, PIS and COFINS modified

8 February 2008

Treaty between Brazil and Russia approved

8 February 2008

Protocol to treaty between Brazil and Belgium – details

8 February 2008

Amending protocol to treaty between Belgium and Brazil enters into force

16 January 2008

Brazil and Germany signed agreement relating to PIS and COFINS taxes

16 January 2008

Treaty between Brazil and Belgium – Brazilian Congress approves amendments to treaty

4 November 2007

New provisional measure grants PIS and COFINS incentives

2 September 2007

AG: Most-favoured nation treatment and Community preference do not require extension of the tax sparing credit under tax treaties with Brazil and Greece to third countries

2 September 2007

Central Bank issues new regulation for foreign investment registration

2 July 2007

Clarification on use of auction prices for transfer pricing purposes

18 June 2007

Dutch Supreme Court decides that Netherlands not obliged to grant credit for Brazilian and Italian withholding tax on interest derived by Belgian PE of Dutch company

18 June 2007

Treaty between Brazil and Mexico clarified – MFN clauses

28 April 2007

Taxpayers' Council rules again on compatibility of Brazil's CFC rules with tax treaties

24 March 2007

Transfer pricing on exports – adjustment mechanism

24 March 2007

Withholding tax exemption on leasing of aircraft and aircraft engines and other measures

24 February 2007

Treaty between Brazil and Mexico enters into force

24 February 2007

Guideline on unilateral modification of tax sparing credit not in breach of France–Brazil tax treaty

12 November 2006

Treaty between South Africa and Brazil enters into force

12 September 2006

Treaty between Peru and Brazil submitted for approval

11 July 2006

Treaty between Peru and Brazil signed

14 June 2006

Treaty between Brazil and Spain clarified – MFN clauses

9 April 2006

New tax benefits for foreign investors in Brazilian financial and capital markets

9 April 2006

Treaty between Brazil and Korea clarified – MFN clauses

9 April 2006

The first-time income tax treaty and protocol between Brazil and Israel, signed on 12 December 2002, entered into force on 16 September 2005.

16 October 2005

The first-time income tax treaty and protocol between Brazil and Venezuela was signed on 14 February 2005. Once effective, the Brazil-Venezuela air transport treaty of 7 November 1979 will cease to be effective.

11 July 2005

Brazil and Israel signed a first-time income tax treaty and protocol on 12 December 2002.

11 July 2005

Brazil and South Africa signed a first-time tax treaty and protocol on 8 November 2003.

9 June 2005

The 1975 treaty on income and capital will be terminated by 1 January 2006 and, according to the information available up to date, not be replaced by a new treaty.

1 May 2005