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Brazil Archive

  • December 2010

    IOF reduction for private equity in Brazil likely

    December 17, 2010

    Brazilian sources have informed International Tax Review that the government will soon enact a law which includes a reduction in the Financial Operations Tax (IOF) related to foreign investments.

  • Poll reveals challenges across Latin America

    December 01, 2010

    Executives responsible for the Latin America region often claim they have the most difficult job in the tax department. As Elizabeth Bearese discovers the results of International Tax Review’s Latin America Client Services Poll seem to justify the claim.

  • Changes to the IOF rates

    December 01, 2010

  • November 2010

    Take part in the Latin America Client Services Poll

    November 09, 2010

    Executives responsible for the Latin America region often claim they have the most difficult job in the tax department. And this claim seems justified.

  • Brazil’s second IOF tax hike will impact US taxpayers

    November 02, 2010

    For the second time in a month, the Brazilian government has raised its tax rate on financial operations.

  • Light shed on second IOF tax increase in Brazil

    November 02, 2010

    Andréa Bazzo Lauletta of Brazilian firm Mattos Filho Veiga Filho Marrey Jr e Quiroga sheds light on the Brazilian government's second IOF tax increase in one month.

  • The 21 biggest influences in tax today

    November 01, 2010

    To mark the 21st birthday of International Tax Review in November 2010, the editorial staff of the magazine decided to choose the 21 most influential people or organisations in tax today.

  • New firms take home awards

    November 01, 2010

    Taxpayers and advisers came out on the night of September 29 for International Tax Review's fifth annual Americas Awards at the Waldorf-Astoria hotel in New York.

  • Brazil's transaction tax: One year on

    November 01, 2010

    It is 12 months since Brazil introduced a new financial transactions tax. André Gomes de Oliveira and Francis Lisboa Moreira of Castro, Barros, Sobral & Gomes explain how initial outflows of capital have subsided and how the new tax is bringing in increasing levels of revenue to the country.

  • Income tax treaty between Brazil and Venezuela

    November 01, 2010

  • October 2010

    Brazil's biggest firm gets stronger in tax

    October 19, 2010

  • The shifting winds of litigation

    October 01, 2010

    Tax litigation has never been plain sailing. Appeals against revenue authority decisions are increasing and more cases are getting to court. Added to that, the economic downturn means tax authorities are trying to recover as much revenue as they can. But change is happening. Sophie Ashley reports that a lack of government funds is having an effect on litigation tactics as revenue authorities are being forced to become more choosey about which cases to take to court.

  • September 2010

    Brazilian authorities update their black list of tax haven jurisdictions

    September 01, 2010

  • Introduction

    September 01, 2010

  • Argentina: Transfer pricing rules in need of change

    September 01, 2010

    Augusto Martín Camarero and Armando Cabrera describe the way Argentine transfer pricing rules still fall behind more developed tax codes. The lack of advance pricing agreements and quasi acceptance of secret comparables cause problems.

  • Brazil: Caution advised to avoid disaster

    September 01, 2010

    Simone Dias Musa, Clarissa Machado and Camilla Lagrasta explain how not following the OECD guidelines makes the Brazilian rules difficult to follow. With fixed margins regardless of industry and new thin capitalization rules, taxpayers need to be aware of the complex legislation.

  • Chile: Unclear if OECD principles apply to local rules

    September 01, 2010

    In Chile, the rules technically follow the OECD guidelines, but Miguel Zamora and Ana Paula Güitrón say it is not clear whether this is true. Advisers still struggle to know which transfer pricing methods are allowed.

  • Mexico: Moving forward along a different path

    September 01, 2010

    In Mexico, the transfer pricing rules have been in force since 1997, a relatively long time in Latin America. Moisés Curiel, Carlos Linares and Emilio Angeles talk taxpayers through staying on the right side of the notoriously strict

  • Peru: Transfer pricing rules are developing rapidly

    September 01, 2010

    Since the arm's-length principle was introduced in Peru in 2001, there have been multiple updates and extensions to the rules on transfer pricing. Claudia González-Béndiksen and Paola Gutiérrez list the important points taxpayers must be aware of, such as maintaining stringent documentation as well as filing an annual sworn informative return.

  • Venezuela: Taxpayers are at risk of severe penalties

    September 01, 2010

    Ronald Evans and Gustavo Sánchez discuss Venezuela's complex rules and explain that taxpayers must strive to comply with the legislation or face heavy penalties.

  • Brazil publishes its black and greylists

    September 01, 2010

    Andrea Bazzo Lauletta and Luiz Felipe Centeno Ferraz of Mattos Filho, of Veiga Filho, Marrey Jr e Quiroga Advogados in Brazil explain how the country is modernising its categorisation of tax havens and privileged tax regimes.

  • August 2010

    Tognetti joins BPGM

    August 09, 2010

  • June 2010

    OECD promotes Brazil & Indonesia to white list

    June 04, 2010

    Brazil and Indonesia have substantially implemented the internationally agreed tax standard for transparency and exchange of information, according to an updated OECD progress report.

  • Brazilian thin capitalisation rules – proposed bill of law

    June 01, 2010

  • May 2010

    Plan your next move

    May 01, 2010

    Revenue authorities around the world have become an important tool for governments as they strive to raise income to boost their battered economies after the economic downturn of the last two years. And officials have put pressure on taxpayers to be transparent in their tax planning. The advisers who can ensure this level of service are to the fore in International Tax Review's third annual poll to find the world's leading planning practices

  • How you can manage taxes in a hyper-regulatory world

    May 01, 2010

    Chris Walsh of Vertex describes a difficult working environment for tax executives, where the pressure from tax authorities to comply with their obligations is intense and the number of changes to rules and rates is hard to keep up with. However, a combination of tax harmonisation and better technology could provide much needed help with the regulatory burden

  • Decision on Brazilian CFC rules

    May 01, 2010

  • April 2010

    Reducing negative effects of new thin cap rules

    April 01, 2010

  • Editorial

    April 01, 2010

    Getting off the blocks

  • Brazil: Structuring the acquisition of a Brazilian business

    April 01, 2010

    Tax saving opportunities carry considerable weight in the decision about the best M&A structure in Brazil, explain Cristiane Magalhães and Fabíola Costa Girão of Machado Associados

  • March 2010

    Global tax transactional survey

    March 01, 2010

    Throughout the world, tax transactional advisers have adapted their advice to best support their clients during the economic downturn. Jack Grocott, Catherine Snowdon and David Stevenson speak to advisers and taxpayers in Asia, Europe and North and Latin America.

  • Tax authorities fight the use of tax havens

    March 01, 2010

  • February 2010

    Driving the UN agenda on tax

    February 01, 2010

    Tax work at the UN can seem shrouded in mystery. Catherine Snowdon speaks to Michael Lennard about his career and the challenges of being the only tax technical specialist employed by the organisation.


    February 01, 2010

    This is a selection of the type of articles you can expect to find in TP Week. Inside is a collection of stories focusing on transfer pricing controversy and litigation.

  • Brazil introduces thin capitalisation rules

    February 01, 2010

  • January 2010

    Brazilian incentives come under pressure

    January 28, 2010

    The Brazilian government has discussed withdrawing some corporate tax incentives in a bid to stop a decline in tax receipts, but has postponed any decision on the matter indefinitely.

  • Brazilian firm adds partners

    January 05, 2010

    Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados adds two new partners.

International Correspondents