Moody’s downgrades Brazil’s rating but remains investment grade
Increases in interest rates (the interest rate benchmark, or Selic Rate reaches 14.25% this July), [...]
Brazilian government launches two major projects to the development of investments in logistics and exports
In June, the Brazilian government announced the launch of two major programs to encourage growth: [...]
Brazilian Treasury facilitates processes for foreign non-resident investors
The Tax Office (Receita Federal) of Brazil and the Brazilian “Comissão de Valores Mobiliarios” (CVM) [...]
Spain and Brazil sign an agreement to promote investment
The Spanish (ICEX) and Brazilian (APEX) agencies for Promotion of Exports and Investments signed an [...]
Constitutional amendment to modify the application of ICMS taxes in electronic commerce
The Brazilian National Congress approved in April the Constitutional Amendment No. 87, which determines a [...]
Brazil discloses a note from de law Project that affects payroll exemptions
In april, the Ministry of the Brazilian Tax Authorities revealed a note that explains the [...]
Brazil expects inflation above 8% for 2015
Market analysts have reduced, for third time, expectations of economic activity in Brazil and at [...]
The Dollar makes brazilian subsidiaries more competitive for exporting
The devaluation of the Real against the dollar makes it easier for exporters to comply [...]
Brazilian government cuts exemptions on social security with a tax increase
The Federal Government issued a Provisional Measure (MP) that reduces payroll exemptions. According to MP [...]
Brazilian Federal Supreme Court, in favor of the taxpayer by not including the ICMS in the COFINS calculation basis
This month, the Brazilian Federal Supreme Court (STF) understood that the Tax on Circulation of [...]