All material subject to strictly enforced copyright laws. © 2022 ITR is part of the Euromoney Institutional Investor PLC group.

Awakening the giant towards reform – ITR’s Brazil Special Focus launched

0editorialen-as79751570.jpg

At a time when tax reform in Brazil may finally become a reality, ITR has partnered with leading tax advisors to provide insight into Brazil’s tax landscape for 2021 and beyond.

Click here to read all the chapters from ITR's Brazil Special Focus 

Considered a priority for the recovery of the economy, the Brazilian government’s aim to approve tax reform in 2021 and unite Brazil’s abundance of taxes in a way that is simplified and manageable will be embraced by the tax world.

Partnering with five leading firms who are closest to the action, ITR brings you practical insight, in English and Portuguese, into some of the most significant recent developments, from the Brazilian tax world.

As tax reform discussions continue to slowly move forward, the digital transformation of the tax industry has taken great leaps, although many organisations are yet to begin their journey. Deloitte explain how a closer look into how talent would look in a digital tax team, as well as what tax administrations are doing and how artificial intelligence can help further down the path.

Finocchio & Ustra explore the challenges and complexities of the Brazilian tax system, while Machado Associados take a closer look at new developments concerning the taxation on service remittances abroad which, after analysis by the Brazilian Superior Court of Justice, brings new perspectives to be considered by multinational groups.

Junqueira Ie Advogados consider how Brazilian municipalities are charging property taxes from financial institutions to provide mortgage financings in Brazil and why this may have negative consequences on the economy.

Bocater Camargo Costa e Silva Rodrigues Advogados explain why Brazil does not adopt the internationally accepted arm’s-length principle as a parameter for TP rules and why this approach prevents Brazil from further integrating to the international community and engaging in important trade.

As Latin America’s largest economy takes another step closer to tax reform, we hope you enjoy reading the second edition of our Brazil guide.

Click here to read all the chapters from ITR's Brazil Special Focus

 

More from across our site

The state secretary told the French press that the country continues to oppose pillar two’s global minimum tax rate following an Ecofin meeting last week.
This week the Biden administration has run into opposition over a proposal for a federal gas tax holiday, while the European Parliament has approved a plan for an EU carbon border mechanism.
Businesses need to improve on data management to ensure tax departments become much more integrated, according to Microsoft’s chief digital officer at a KPMG event.
Businesses must ensure any alternative benchmark rate is included in their TP studies and approved by tax authorities, as Libor for the US ends in exactly a year.
Tax directors warn that a lack of adequate planning for VAT rule changes could leave businesses exposed to regulatory errors and costly fines.
Tax professionals have urged suppliers of goods from Great Britain to Northern Ireland to pause any plans to restructure their supply chains following the NI Protocol Bill.
Tax leaders say communication with peers is important for risk management, especially on how to approach regional authorities.
Advances in compliance tools in international markets and the digitalisation of global tax administrations are increasing in-house demand for technologists.
The US fast-food company has agreed to pay €1.25 billion to settle the French investigation into its transfer pricing arrangements over allegations of tax evasion.
HM Revenue and Customs said the UK pillar two legislation will be delayed until at least December 2023, while ITR reported on a secret Netflix settlement and an IMF study on VAT cuts.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree