Understanding Brazil’s Interest on Equity
By David Roberto R. Soares da Silva
Created in 1996, the interest on equity (juros sobre capital próprio, or JCP) is a mechanism available to certain Brazilian companies to compensate their equity holders in addition to profits and dividends.
Private Letter Rulings and Taxation of Cost-Sharing Agreements in Brazil
Cost-sharing agreements are not about service rendering. The former only purpose is to allocate costs to legal entities within a corporate group. There is no rendering of services within the corporate group. For this reason, the reimbursement of costs should not be taxable. In Brazil, cost-sharing agreements are not regulated by law, but interestingly, a growing number of private letter rulings shape how Brazilian taxation should apply.
Brazil Considers Extraordinary Tax on Large Corporation Profits
By Priscila Lucenti Estevam Using the Covid-19 pandemic as a justification,…
Perspectives on the Possible Dividend Taxation in Brazil
By David Roberto R. Soares da Silva and Roberto P.…