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Provisional Measure 582/2012

|Approved Changes|Brazil
Brazil

Some specific tax breaks were introduced by PM 582/2012, which are summarized below:

-   Accelerated depreciation: legal entities assessing taxable income under the actual profit method are entitled to use accelerated depreciation rates as of 1 January 2013, provided that the qualifying assets are acquired between 16 September 2012 and 31 December 2012. The type o…

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