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Brazil Plans Rules for Transfer Pricing Overhaul This Summer

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Brazil Plans Rules for Transfer Pricing Overhaul This Summer

  • By Isabel Gottlieb
  • By Michael Kepp

On March 20, Claudia Pimentel, undersecretary for taxation and litigation at Brazil’s Federal Revenue Service, said that the Brazilian government will publish implementing regulations for the new transfer pricing rules this summer if Congress passes a provincial measure needed to turn it into law. Brazil has been working to update its transfer pricing system to align with OECD standards.

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