Tax agreement discussed for years is closer

In an article in Valor Econômico, partner Leonardo Briganti talks about the tax agreement that has been discussed for years and is getting closer to happening. Brazil is reviewing its stance on international agreements as it moves towards the OECD. This directly affects tax experts, as it implies new interpretations of these agreements.

According to Leonardo, the Brazil-Singapore, Brazil-Switzerland and Brazil-United Arab Emirates agreements follow the OECD guidelines against tax evasion and the transfer of capital to tax havens.

“The changes, especially with regard to the Transfer Pricing Law, are significant, as they converge with the standard followed internationally by the vast majority of developed countries, as well as the US, in line with UN and OECD recommendations,” says Briganti.

Read the full article at https://valor.globo.com/publicacoes/especiais/brasil-eua/noticia/2024/05/22/acordo-tributario-discutido-ha-anos-esta-mais-proximo.ghtml

Related publications

Brazilian legal publication highlights Briganti Advogados as an admired law firm in the São Paulo region

We are recognized by the national publication Análise Advocacia Regional, which highlights law firms that perform outstandingly in their region.    In 2022, the publication Análise Editorial highlighted Briganti Advogados in the list of the most admired law firms, with comprehensive practice, in the São Paulo region. Análise Editorial is the most important institution in Brazil dedicated exclusively to reputation research in the legal market.  The survey takes into consideration the opinion of 1,041 legal and financial officers of the largest companies that move the…

Due diligence in M&A operations: understand what the importance is for buying and selling companies

Due diligence is an absolutely indispensable market practice in merger, acquisition, spin-off, or incorporation processes, as it allows, with total transparency, to know in depth the real situation of the company in question, the advantages and risks associated with a possible decision. It is an essential audit process to re-evaluate the transaction of purchase, sale and corporate reorganizations, through the analysis of the target company’s strengths and weaknesses.  This audit is also responsible for reviewing the practices and routines of the audited company in the…

How to perform M&A transactions in Brazil

In M&A operations, domestic and foreign companies seek to expand their business, with the expectation of gains in business synergy, meaning, therefore, the means to make their inorganic growth viable. As will be better detailed below, it is a transaction that requires expertise in negotiation techniques, participation not only of legal professionals, but also of accounting and financial authors, application of protection mechanisms (both buy side and sell side), always with the objective of equipping the parties involved in the operation with tools and structures…