Brazil has published Provisional Measures No. 1.152 of 28 December 2022, which provides for the introduction of a new transfer pricing regime that is in line with OECD standards. Some of the main points of the Provisional Measures are summarized as follows:

Purpose and Scope

The Provisional Measure amends the Corporate Income Tax (IRPJ) and Social Contribution on Net Income (CSLL) legislati…