EYBrazilian Tax Authority limits nonresident capital gains tax on the sale of Brazilian shares by a Portuguese investor to 15%
|Tax Alerts, Legislation & Policy, Na ...|Brazil, Israel, Portugal
In light of this Private Letter Ruling, investors may want to reevaluate their foreign investment structures into Brazil, taking into consideration their global footprint and the potential availability of tax treaty benefits.
In Private Letter Ruling (Solução de Consulta) No. 150 (dated 22 September), the Brazilian Tax Authority (RFB) confirmed that the capital gain generated by a Portuguese reside…
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