Brazil's Federal Revenue Service (RFB) has announced changes to the list of countries with favorable taxation and the list of privileged tax regimes (blacklists) contained in Normative Instruction No. 1.037/2010. This includes the removal of the United Arab Emirates (UAE) based on Article 24-C of Law No. 9.430/1996, which was added by Law No. 15.079/2024. As previously reported, Article 24-C authorizes the exceptional exclusion (removal) of countries (jurisdictions) from the classification…