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Posts from the ‘Tax Law’ Category

HSBC Pays 300 Million Euros to Settle Tax Evasion Charges

HSBC Holdings plc, the largest lender in Europe, has agreed to pay a 300 million euro fine to settle tax evasion charges filed by the French government.

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Brazilian Businesses Face Unfavorable Tax Ruling

A recent Supreme Court tax decision suggests that vacation bonuses, maternity leave payments, sick leave, and other employee benefits may be taxable.

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Brazilian Owners of Miami Real Estate Targeted by Tax Authorities

Brazilian tax authorities are reportedly investigating citizens who purchased Miami real estate but have not properly declared such assets in Brazil.

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Brazil Announces New Repatriation Program for 2017

In 2016 Brazil boosted its economy by almost 47 billion reais through taxes and fines on previously undeclared assets. Now it seeks to do it again in 2017.

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Temer Passes Law to Tax Tips in Brazil

On March 13, Brazilian President Michel Temer signed Law 13.419, which seeks to regulate how tips in restaurants are distributed and taxed.

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Brazil’s New ISS Tax Law Brings Major Changes

Authorities hope a new tax law, Supplementary Law 157/16, will bring some much needed change to Brazil’s utterly complex tax code.

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Brazil to Join International Exchange of Fiscal Information Agreement

Brazil will use a new international fiscal information exchange agreement to prevent Brazilian companies from hiding revenues and avoiding local taxes.

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