Brazil's new "black list" and tax privileged regimes: how it impacts you
The Brazilian Federal Revenue Office issued new and broader lists of low-tax jurisdictions and privileged tax regimes that will impact cross-border financing, sales of shares of Brazilian companies, and restructuring transactions. Typical jurisdictions used for effective tax planning, such as Switzerland, Spain, The Netherlands and Luxembourg, may become less efficient now that these new rules are in place. A significant percentage of US multinationals with operations in Brazil will be affected.
Some ownership or financing structures may become more costly now that these rules have been enacted. If your company is doing business in Brazil, you need to be aware of the new rules so that you can manage the potential increase in tax costs derived from these changes.
During this live, interactive webcast, you will have the opportunity to ask questions through the website, and the panelists will answer as many of your questions as time permits.
This program will likely be of interest to vice presidents/directors of tax/international tax, directors of finance, CFOs, international tax managers and tax accountants looking for the latest practical information and planning ideas to support their global business initiatives. We hope you will be able to join us.
Featured panelist
Simone Frizzo, Ernst & Young LLP, Brazilian Desk, Latin American Business Center
Moderator
Alberto Lopez, Ernst & Young LLP, Latin American Business Center