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Tag: Taxes

RIO DE JANEIRO, BRAZIL - Petrobras recorded profits of R$59.8 (US$10.9) billion in the 4th quarter last year and closed the year with a profit of R$7.1 (US$1.3) billion. The result contrasts with the losses expected by the experts. Low...
RIO DE JANEIRO, BRAZIL - Expectations that the Bolsonaro Government would put the liberal discourse used in its campaign into practice and pass a tax reform in the administration's Year 1 gave way to the frustration that nothing happened...
RIO DE JANEIRO, BRAZIL - It happened about two months ago in the state of São Paulo: the wife and children of a billionaire family received donations from the patriarch - still alive - in the amount of R$48 billion...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Giant automaker General Motors announced on Tuesday it will invest R$10 billion in two plants in São Paulo state, after state governor, João Doria, announced tax incentives to be...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Superstar forward from Brazil, Neymar da Silva Santos Júnior, is facing up to six years in prison from a Spanish court over alleged fraud related to his 2013 transfer from...
Opinion by Amit Ramnani RIO DE JANEIRO, BRAZIL – I believe the current Brazilian tax amnesty is the final chance for expats and Brazilian residents to get up to date and avoid devastating fines if identified by the tax authorities...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Finance minister of Brazil, Henrique Meirelles, was quick to deny any discussion within the federal government to increase the IOF (tax over financial operations) for foreign exchange transactions. Despite the...
By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - Expats often face confusing scenarios with tax reporting obligations in more than one country. Some are reluctant to seek tax advice because they intend to stay in Brazil for...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - According to recently released Brazilian Federal Court documents, international Brazilian football (soccer) superstar Neymar has brought a lawsuit against the Brazilian federal government alleging that it leaked confidential details to...

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