Brazil’s Federal Supreme Court as of late gave a choice concerning the dependability of the duty of the Contribution for Intervention in the Economic Domain (CIDE) on finance and indirect tax. In its choice, the Federal Supreme Court found that the rundown of available bases under Article 149 is non-comprehensive. Further, the Court found […]
Brazil Extends Deadline For Tax Amnesty
Brazil’s tax amnesty (Special Regime for Tax and Exchange Legalisation or RERCT) has been reopened. The Brazilian government has extended, by 120 days, the opportunity for Brazilian taxpayers to declare assets previously held abroad and avoid criminal liability to September 29, 2017. Under the scheme, individuals agreeing to pay tax debts within the terms of […]