Brazil and the United Kingdom (UK) have signed their first comprehensive Double Tax Treaty (the Treaty). The Treaty is not yet in force but will come into force once both countries have notified each other that their domestic legislative procedures have been completed.The Treaty is Brazil’s fifth with a G7 country (excluding Germany and the United States) representing renewed energy in Brazil’s treaty policy. The Treaty extends the UK network of treaties which is already the world’s largest reflecting the breadth and diversity of UK trading relationships.The Treaty incorporates post base erosion and profit shifting (BEPS) minimum standards and key...