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Brazil Clarifies PIS/COFINS on Royalty and Technical Service Payments and Payments for Services under Cost Sharing Agreements

|Approved Changes|Brazil
Brazil

Brazil has published Private Ruling 316 of 20 June 2017, which clarifies the payment obligations for social security contributions (PIS/COFINS) on technical service and technical assistance payments to non-residents in connection with royalty payments. The ruling provides that royalty payments on their own are not subject to PIS/COFINS, but technical service/assistance payments are. Where the …

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