On 18 August 2016, Brazil's Federal Revenue Department (RFB) launched a public consultation on a draft RFB normative instruction containing rules for mutual agreement procedures (MAP) under Brazil's tax treaties. The normative instruction is meant to formalize the rules regarding MAP proceedings and align Brazil's approach with the minimum standard for dispute resolution developed under BEPS Action 14. The consultation document contains:
- The draft RFB normative instruction for MAP;
- The draft…