Acquiring Brazilian Residency for Tax Purposes
By David Roberto R. Soares da Silva
Like most countries, Brazil taxes individuals based on their residency rather than citizenship or other criteria. Therefore, determining a person’s residence in Brazil directly impacts that person’s tax treatment and tax reporting obligations.
Private Letter Rulings and Taxation of Cost-Sharing Agreements in Brazil
Cost-sharing agreements are not about service rendering. The former only purpose is to allocate costs to legal entities within a corporate group. There is no rendering of services within the corporate group. For this reason, the reimbursement of costs should not be taxable. In Brazil, cost-sharing agreements are not regulated by law, but interestingly, a growing number of private letter rulings shape how Brazilian taxation should apply.
Brazil Considers Extraordinary Tax on Large Corporation Profits
By Priscila Lucenti Estevam Using the Covid-19 pandemic as a justification,…
Perspectives on the Possible Dividend Taxation in Brazil
By David Roberto R. Soares da Silva and Roberto P.…