Brazil has published Provisional Measure No. 1.227 of 4 June 2024 in the Official Gazette, which provides for the introduction of new reporting requirements for legal entities enjoying tax incentives, waivers, benefits, etc. (together, tax benefits). This includes that legal entities must submit an electronic declaration to the Federal Revenue Department (RFB) that specifies the tax benefits enjoyed and the corresponding amount. For this purpose, the RFB will establish the reportable tax ben…