Protocol to Tax Treaty between Brazil and Sweden Signed

Brazil's Department of Revenue has announced the signing of an amending protocol to the 1975 income tax treaty with Sweden on 19 March 2019. The protocol updates the treaty in line with the minimum BEPS standards and makes other amendments. Changes include:

• The replacement of the preamble in line with BEPS standards;
• The replacement of Article 1 (Persons Covered), including the provision that income derived by or through a person that is treated as wholly or partly fiscally transparent unde…