The Brazilian Federal Senate approved on May 10th, 2023, Bill of Law n. 8, which stems from Provisional Measure n. 1.152 (“MP 1.152/22“). The below changes were introduced following the...
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Type: Legislation Brazil postponed the Nota Fiscal de Serviós Eletrônica (NFS-e) requirement from 3rd of April to 1 September 2023 for small and unincorporated taxpayers. The electronic invoice system records...
On the 30th of March, the Chamber of Deputies passed the Provisional Measure n. 1.152 (“MP 1.152/22“), introducing the Arm’s Length principle and aligning the Brazilian transfer pricing rules to...
Introducing the Arm’s Length principle in Brazil
January 11, 20230
After years of cooperation between the Receita Federal do Brasil (“RFB“) and the OECD, on 29 December 2022, Brazil issued the Provisional Measure n. 1.152 (“MP 1.152/22“), introducing the Arm’s...