Velloza Tax News Tax News Nº 78 05 . 10 . 2022 Provisional Measure creates new tax benefits for NRI and reduces tax benefits requirements for FIP quotaholders’ NRIs On September 22, 2022, it was published on the Federal Government’s Official Gazette (“DOU”) Provisional Measure No. 1,137, of September 21, 2022 (“MP No. 1,137/2022”), which reduced to zero the Withholding Income Tax (“WHT“) rate on certain financial […] Leia mais
Velloza Tax News Tax News Nº 76 26 . 12 . 2019 RFB publishes Interpretative Act on the Origin of Investments made by 4,373 Non-Resident Investors for purposes of applying Special Tax Regime On December 20, 2019, the Brazilian Federal Revenue (“RFB”) published Interpretive Declaratory Act (“ADI”) No. 05, of December 17, 2019 (“ADI RFB No. 05/2019”), which deals with the interpretation to be adopted by Tax […] Leia mais
Velloza Tax News Tax News nº 74 15 . 01 . 2019 Exclusion of TUSD / TUST from the ICMS tax base In recent years, the Courts have recognized that the tariffs of the TUSD (Distribution System Use Rate) and TUST (Rate of Use of the Transmission System) should be excluded from the State Goods and Services Tax (ICMS) calculation basis. In summary, the TUSD / TUST […] Leia mais