Brazilian Federal Revenue Secretariat clarifies application of PCI and PECEX methods

July 26 2015

Consultation Solution no. 176, published by the Brazilian Federal Revenue Secretariat on July 8, 2015, made clear the tax administration’s position to require application of the PCI and Pecex methods on import and export transactions involving commodities, by determining the reliable sources of information to obtain the parameter prices for the transfer pricing calculation.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

more across site & shared bottom lb ros

More from across our site

Indirect Tax

Aerial view of Christ and Botafogo Bay from high angle.

Local advisers praise OECD paper on Brazil VAT reform

The report is solid and balanced as it correctly underscores the ambitious institutional redesign that Brazil has undertaken in adopting a dual VAT model, experts tell ITR

Sam Sholli, November 25 2025

Direct Tax

The unpredictable world of tax, with Paulo Vieira da Rocha

The Brazilian law firm partner warns against going independent too early, considers the weight of political pressure, and tells ITR what makes tax cool

November 25 2025

Direct Tax

Dear chancellor, follow the Irish model: a path to long-term prosperity

The lessons from Ireland are clear: selective, targeted, and credible fiscal incentives can unlock supply and investment

Chris Danes, November 24 2025

Indirect Tax

‘Extinction of tax as we know it’: Nitin Agarwal’s in-house bible

The ITR in-house award winner delves into his dramatic novelisation of tax transformation, and declares that 'tax doesn’t need AI right now'

Tom Baker, November 24 2025

Direct Tax

Oslo, Norway - 24 September 2022: PricewaterhouseCoopers or PWC

A taxing week: The PwC tax leaks scandal isn’t just hurting PwC

Recent news of job cuts at EY is symptomatic of how the PwC controversy has tarnished the reputation of the entire ‘big four’

Sam Sholli, November 21 2025

Direct Tax

This week in tax: One-year pillar two safe harbour extension being considered – reports

Experts reportedly discussed extending the safe harbour to 2027 to give countries more time to legislate; in other news, Baker McKenzie and Greenberg Traurig made senior tax hires

Sam Sholli, November 21 2025

Awards

2026 Women in Business Law Americas Awards: submissions now open

Submit your nominations to this year's WIBL Americas Awards by January 23

Shailyn Tirado, November 20 2025

Direct Tax

MHA reports 17% increase in tax revenues

Recent changes in UK tax rules and cross-border requirements are generating high demand for specialist advice, according to MHA

Sam Sholli, November 20 2025

Transfer Pricing

TP in the GCC: bridging global standards and regional implementation

Hany Elnaggar examines how Gulf Cooperation Council countries are internalising transfer pricing norms within evolving fiscal systems shaped by both Islamic and international influences

Hany Elnaggar, November 20 2025

Transfer Pricing

‘Median likely best’: HMRC updates TP manual

Where a TP study of comparables produces an arm’s-length range, and the taxpayer’s filed position is outside that range, HMRC will adjust to the median by default

Sam Sholli, November 19 2025