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.
Posts from the ‘Tax Law’ Category
On March 13, Brazilian President Michel Temer signed Law 13.419, which seeks to regulate how tips in restaurants are distributed and taxed.
Authorities hope a new tax law, Supplementary Law 157/16, will bring some much needed change to Brazil’s utterly complex tax code.
Brazil will use a new international fiscal information exchange agreement to prevent Brazilian companies from hiding revenues and avoiding local taxes.
Brazilian companies are making changes as Ireland becomes the latest "tax haven" to be added to Brazil's growing list of fiscal paradises.
The fight over whether or not to tax employee stock options produces a win for companies, but sparks more legal challenges from government tax authorities.
With changes to its tax laws and promises of amnesty, the Brazilian government is encouraging citizens to bring back taxable assets that have been stashed overseas.