On 4 November 2022, officials from Brazil and Norway signed a new income tax treaty. Once in force and effective, the new treaty will replace the 1980 tax treaty between the two countries. Taxes Covered The treaty covers Brazilian federal income tax and the social contribution on net profit and covers the following Norwegian taxes: National tax on income; County municipal tax on income; Municipal tax on income; National tax relating to income from the exploration for and the exploitation of submarine petroleum resources and activities and work relating thereto, including pipeline transport of petroleum produced; and National tax on...