Orbitax Tax News & Alerts
Brazil's Tax news & updates from Orbitax and partners
Brazil Tax News
Treaty between Peru and Brazil approved
Treaty between Brazil and Mexico – Brazil recognizes Mexican flat rate business tax as covered under treaty
IOF and CSLL rate increased, PIS and COFINS modified
Treaty between Brazil and Russia approved
Protocol to treaty between Brazil and Belgium – details
Amending protocol to treaty between Belgium and Brazil enters into force
Brazil and Germany signed agreement relating to PIS and COFINS taxes
Treaty between Brazil and Belgium – Brazilian Congress approves amendments to treaty
New provisional measure grants PIS and COFINS incentives
AG: Most-favoured nation treatment and Community preference do not require extension of the tax sparing credit under tax treaties with Brazil and Greece to third countries
Central Bank issues new regulation for foreign investment registration
Clarification on use of auction prices for transfer pricing purposes
Dutch Supreme Court decides that Netherlands not obliged to grant credit for Brazilian and Italian withholding tax on interest derived by Belgian PE of Dutch company
Treaty between Brazil and Mexico clarified – MFN clauses
Taxpayers' Council rules again on compatibility of Brazil's CFC rules with tax treaties
Transfer pricing on exports – adjustment mechanism
Withholding tax exemption on leasing of aircraft and aircraft engines and other measures
Treaty between Brazil and Mexico enters into force
Guideline on unilateral modification of tax sparing credit not in breach of France–Brazil tax treaty
Treaty between South Africa and Brazil enters into force
Treaty between Peru and Brazil submitted for approval
Treaty between Peru and Brazil signed
Treaty between Brazil and Spain clarified – MFN clauses
New tax benefits for foreign investors in Brazilian financial and capital markets
Treaty between Brazil and Korea clarified – MFN clauses
The first-time income tax treaty and protocol between Brazil and Israel, signed on 12 December 2002, entered into force on 16 September 2005.
The first-time income tax treaty and protocol between Brazil and Venezuela was signed on 14 February 2005. Once effective, the Brazil-Venezuela air transport treaty of 7 November 1979 will cease to be effective.
Brazil and Israel signed a first-time income tax treaty and protocol on 12 December 2002.
Brazil and South Africa signed a first-time tax treaty and protocol on 8 November 2003.
The 1975 treaty on income and capital will be terminated by 1 January 2006 and, according to the information available up to date, not be replaced by a new treaty.
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