Brazil has published Provisional Measure No. 899 of 16 October 2019 in the Official Gazette, which provides regulations for taxpayers and tax authorities to negotiate terms for the settlement of outstanding federal tax debts. This includes that for federal tax debts that are unlikely to be paid through normal means of collection, the amount due may be paid in installments over a period of up to 84 months and the related interest, penalties, and charges may be reduced by an amount of up to 50…