Brazil Tax News

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Thin capitalization rules regulated by Federal Revenue Service

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Low-tax jurisdictions; Privileged tax regimes – exclusion of 1929 Luxembourg Holding Company Regime from list of privileged tax regimes

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Low-tax jurisdictions; Privileged tax regimes – possibility to challenge classification: suspensive effect: Dutch holding companies; Switzerland

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Low-tax jurisdictions extended; Privileged tax regimes listed

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Treaty between Brazil and France – Brazilian court decision on tax treaty treatment of remuneration of technical services

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Transfer pricing rules amended – resale price method

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Transfer pricing rules amended

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Transfer pricing rules amended

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Thin capitalization rules – details

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Treaty between Brazil and Peru enters into force

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Treaty between Brazil and Peru enters into force

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Treaty between Brazil and Peru – details

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Treaty between Brazil and Canada, and between Brazil and Germany – Brazilian court decision on tax treaty treatment of remuneration of technical services

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Treaty between Russia and Brazil enters into force

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New regulation on payments subject to 0% WHT to non-residents

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Treaty between Russia and Brazil ratified

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Tax ruling clarifies application of CIDE on service fees paid to non-resident related company under CSA

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Treaty between Peru and Brazil approved

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Treaty between Brazil and Mexico – Brazil recognizes Mexican flat rate business tax as covered under treaty

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IOF and CSLL rate increased, PIS and COFINS modified

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Treaty between Brazil and Russia approved

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Protocol to treaty between Brazil and Belgium – details

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Amending protocol to treaty between Belgium and Brazil enters into force

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Brazil and Germany signed agreement relating to PIS and COFINS taxes

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Treaty between Brazil and Belgium – Brazilian Congress approves amendments to treaty

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AG: Most-favoured nation treatment and Community preference do not require extension of the tax sparing credit under tax treaties with Brazil and Greece to third countries

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New provisional measure grants PIS and COFINS incentives

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Central Bank issues new regulation for foreign investment registration

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Dutch Supreme Court decides that Netherlands not obliged to grant credit for Brazilian and Italian withholding tax on interest derived by Belgian PE of Dutch company

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Clarification on use of auction prices for transfer pricing purposes

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