Prospects of dividend taxation lead foreign investors to consider options to reduce the impact of this taxation. While the bill’s approval by the Senate remains uncertain, this may be a good time to evaluate safe options avoiding pitfalls Read more
Goodwill tax amortization stands out as the most relevant tax benefit when speaking of M&A in Brazil, but unorthodox corporate reorganizations coupled with tax authorities’ illegal interpretations have cast a shadow over the incentive. Read more
Obstacles imposed by the Brazilian Business Insolvency Act (Act 11,101/2005) have historically hindered tax-efficient recovery plans and created challenges for insolvent companies to pay their tax debts and for creditors to receive the amounts... Read more
Video on Demand expansion in Brazil exposed deficiencies and uncertainties in the domestic taxation of audiovisual services. Understanding this complex issue is important for players willing to remain relevant or to enter the Brazilian audiovisual... Read more
Transferring a Brazilian company to another country is legal but not feasible due to a series of practical obstacles and undesired tax effects. What may be a Government’s hidden intention to keep operations, profits and taxation in Brazil can... Read more
The Brazilian government again intends to change the taxation of investments in certain Brazilian funds, especially FIPs and closed-end funds, effective January 1st, 2019. Similar changes had already been attempted via Provisional Measure No.... Read more
After threatening to charge Withholding Income Tax from local financial institutions acting as legal representatives of foreign investors if any Brazilian residents were identified as ultimate beneficial owners (UBOs) of the foreign investments... Read more
Coluna do Levy & Salomão | JOTA | Janeiro Read more
Valor Econômico | Legislação & Tributos Read more
Changes have been introduced to the taxation of investments on several types of Brazilian funds, including those established as a closed condominium (“Closed Funds”). The matter is dealt with in the Provisional Measure No. 806, from October... Read more
Coluna do Levy & Salomão | JOTA | Outubro Read more
The automatic exchange of financial information is a world reality. By the end of September the third round of exchange among several countries and the US, under the FATCA, shall be completed, and the early adopters of the OCDE’s CRS, shall... Read more
Complimentary Law No. 157, published on November 30, 2016, has amended the Federal rules governing the Municipal Services Tax (ISS), as provided for by Complimentary Law No. 116/2003. The new provision aims at exploring the tax revenue potential... Read more
Mondaq Business Briefing | Latin America Read more
Provisional Measure No. 692/2015 increases the income tax rate on capital gains earned by individuals and certain companies from 15% to 15%-30%. The new rules will become applicable on January 1st, 2016 Read more
Revista Eletrônica de Direito Tributário - ABDF Read more