OrbitaxBrazil Extends Provisional Measure for Tax Planning Disclosure Requirements and Tax Litigation Reduction Program
|Approved Changes|Brazil
On 10 September 2015, Brazil published National Congress Act 34/2015 in the Official Gazette. The Act extends the validity of Provisional Measure (PM) 685/2015, which was published on 22 July 2015. PM 685 introduced a new requirement that corporate taxpayers disclose tax-planning schemes, and established the Program for Reduction of Tax Litigation (PRORELIT), a special program to resolve tax di…
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