Brazil Amends Tax Treatment of Derivatives
26 . 09 . 2011Fonte: Tax Analysts by Rubens Velloza and Ramon Tomazela Brazil has established new rules for the financial transactions tax (IOF) as it applies to bonds and securities transactions (IOF-TVM) levied on derivatives contracts. Decree 7,563/11 of September 15 amends Decree 6,306/07 (Dec. 14, 2007), or RIOF, which consolidates and regulates the general IOF rules. The […]
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