Treatment of goodwill paid on acquiring a Brazilian company

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Treatment of goodwill paid on acquiring a Brazilian company

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The adoption of new accounting standards based on IFRS as of 2008, and the effects of such new rules for Brazilian taxpayers, is among the most relevant tax matters under discussion in Brazil, explain Paulo Rogerio Sehn and Simone Dias Musa of Trench, Rossi e Watanabe Advogados.

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