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Brazil Clarifies Transport Service Income Exempt from Withholding Tax under Tax Agreements

|Treaty Development|Brazil
Brazil

Brazil's Federal Revenue Department (RFB) has issued Interpretative Declaratory Act No. 4 of 13 April 2017, which clarifies the exemption from withholding tax on international transport service income under tax treaties or other transport tax agreements. Brazil applies a standard withholding tax of 15% on income paid abroad, and under various past rulings, the RFB has provided inconsistent int…

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