Compliance Tag Archive

Brazil has a New Foreign Exchange Law

Brazil’s new Foreign Exchange Law has introduced material improvements to Brazil’s currency exchange rules and the treatment of foreign investors, and is part of the continued...

Major Changes to Brazil’s Transfer Pricing Rules

Major changes to transfer pricing rules bring Brazil into line with OECD principles...

Brazilian Senate Approves TIEA with Bermuda

Brazil and Bermuda's TIEA has been approved by the Brazilian Senate and should be signed into Law soon....

Disclosure of Ultimate Beneficiaries to the Brazilian Federal Revenue Department

What needs to be disclosed about the shareholders to the Brazilian tax authorities? Disclosures of UBOs and controllers under Brazilian law....

Brazilian Companies: Non-Residents Can Become Executive Directors

Non-residents (Brazilians or foreigners) can now be executive directors of Brazilian companies. Brazil’s legal framework continues to improve, with this being another step...

New Rules on Giving Gifts and Providing Hospitality to Brazilian Federal Officials

New regulations set out rules about the giving gifts and providing hospitality to Federal Brazilian public officials....

Brazil’s Data Protection Law is in force

Brazil's General Data Protection Law is a comprehensive piece of legislation addressing data protection in Brazil. It is Brazil's equivalent to Europe's GDPR and California's...

Changes to Corporate Rules: Online Meetings and Extended Deadlines

Corporate meetings can now be held partially or totally online. This applies to publicly-held and private companies. ...

Updated: Brazil-Switzerland Double Tax Agreement Signed

Brazil and Switzerland have entered into a double tax agreement. The Convention for Elimination of Double Taxation with Respect to Taxes on Income and the Prevention of Tax...

Brazilian Data Protection Agency is Created

One of Michel Temer’s last acts as Brazil’s President was to set up the much-anticipated National Data Protection Agency. Provisional Measure 869/2018 was published on 28...