Announcement
09 Jul 2019
The Brazilian Government has adopted new legislation that eliminates the tax levied on amounts paid to agents abroad that act as intermediators between Brazilian companies and foreign clients.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
08 Jul 2019
Revocation date:
No revocation date
Updated: 09 Jul 2019
Tax-based export incentive
In force
On 8 July 2019, the Ministry of Economy of Brazil has adopted Decree 9904/2019 reducing from 15% to 0% the income tax rate levied on payments made for the purposes of hiring agents abroad...
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