Provisional Measure published on Dec 29, 2022 by the Administration (effective on Jan 1st, 2024 but the option regarding the new parameters has to take place in 2023) brought Brazilian transfer pricing rules into alignment with OECD guidelines. In short, the arm’s length principle remains…
Presidential veto has been overturned by National Congress on March 17, 2022 and now import tax reduction is final and binding (Law 14.301/22). It is all about the Additional Freight for the Renewal of the Merchant Ships (AFRMM)which has been under federal collection since 1987…
On October 19, 2020 the United States and Brazil signed a new Protocol relating to Trade Rules and Transparency. This Protocol updates the 2011 Agreement on Trade and Economic Cooperation (ATEC) with three new annexes comprising state-of-the-art provisions on Customs Administration and Trade Facilitation, Good…
Federal government has launched last January 2021 the “one stop shop” online system to simplify the opening of companies in Brazil. Through a single digital form, and based upon the timely presentation of required documents by the foreign investors, legal entities shall be able to…
One of the most sensitive matters nowadays on the national environment is the crucial debate at the Parliament on how the country can revert still in 2020 its major weakness turning it into a leverage spotlight before the international business community: decrease of tax burden…
Since Sept 20, 2019 a fresh start is overlaying on how to do business in our country whereby the Federal Administration is committed to overcome for once and for all the intervention rancidity which regrettably has reigned in Brazil for many decades. The purpose is…
Like a phoenix rising from the ashes …. so is Brazil reaching out a turning point to be an attractive emerging market again. Temer Administration is wisely focusing the major North-South economic corridor thereby widening the path for joint ventures, M&A operations and venture capital…
