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Brazil Approves Pending Protocol to Tax Treaty with Denmark

|Treaty Development|Brazil-Denmark
Brazil-Denmark

On 12 February 2019, Brazil's Senate approved the ratification of the pending protocol to the 1974 income tax treaty with Denmark. The protocol, signed 23 March 2011, replaces Article 23 (Methods for the Elimination of Double Taxation), including that both countries will generally apply the credit method for the elimination of double taxation, and that dividends received by residents of Denmark…

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