On 2 March 2017, Brazil's Federal Revenue Department announced its annual audit plan for 2017 and results for 2016. The main areas of focus for 2017 include:
- Tax planning linked to corporate reorganization events with generation of depreciable assets;
- Tax planning involving investment funds;
- Taxation of income earned in subsidiaries and affiliated companies abroad;
- Evasion involving profit-free distributions;
- Evasion in the cigarette, beverage, and fuel sectors;
- Tax planning involving i…