Brazil welcomes zero tariffs on aircraft exports to US
Brazil's government celebrated the US decision on 24 February 2026 to eliminate tariffs on Brazilian aircraft imports, reducing duties from 10% to zero amid broader US trade policy shifts. The tariff removal significantly benefits Brazil's
See MoreBrazil: RFB publishes draft guidance on specific regimes declaration (DeRE)
Brazil’s tax authority, the Federal Revenue Service (RFB), has announced the release of updated technical documentation for the first phase of the Declaration of Specific Regimes (DeRE) on 23 February 2026. While the published file still
See MoreBrazil hikes import duties on IT, telecom, capital equipment
Brazil’s Executive Committee of Foreign Commerce (GECEX) has gazetted Resolution GECEX 852/26 on 4 February 2026, and Resolution GECEX 853/26 on 6 February 2026, which relate to import duty increases on various capital goods, IT, and telecom
See MoreBrazil: RFB consults February individual income tax refunds
Brazil’s tax authority, the Federal Revenue Service (RFB) has launched a public consultation for the residual batch of Individual Income Tax (IRPF) refunds on 20 February 2026. This batch includes 204,824 refunds totalling BRL 578,974,901.07,
See MoreBrazil: RFB extends deadline for cooperative tax compliance programme
Brazil's Federal Revenue Service (RFB) announced yesterday, 19 February 2026, that it has extended the application deadline for the inaugural edition of its Cooperative Fiscal Compliance Programme — known as Confia — to 20 March 2026, following
See MoreBrazil: Tax authority announces deadline for property declaration under lower rates
Brazil's Federal Revenue Service (RFB) issued an alert on 13 February 2026, reminding taxpayers of the approaching deadline to enrol in the Special Regime for Updating and Regularising Assets under the Update modality (Rearp Update). The
See MoreBrazil: Chamber of Deputies weighs wealth tax proposal
Brazil's Chamber of Deputies is reviewing a draft legislation as of 2 February 2026 to implement a "Tax on Large Fortunes" (IGF), a levy already authorised by the Federal Constitution but never enacted. This proposal seeks to establish a Great
See MoreBrazil: RFB clarifies deduction of foreign taxes paid by subsidiaries, affiliated companies
The Brazilian Federal Revenue Service (RFB) has issued Interpretative Declaratory Act RFB No. 1 of 22 January 2026, published in the Official Gazette (DOU) on 23 January 2026, providing guidance on the deduction of foreign taxes paid by subsidiaries
See MoreBrazil clarifies withholding tax on interest paid abroad for installment purchases
Brazil has passed Law No. 15.329 of 7 January 2026, specifying the withholding tax (IRRF) rules for interest paid abroad on goods purchased in installments. The law amends Article 11 of Decree-Law No. 401 of 30 December 1968 and refers to the
See MoreOECD publishes transfer pricing profiles for eight countries
The OECD has published the revised transfer pricing country profiles, including profiles for Bosnia and Herzegovina, Brazil, Costa Rica, Croatia, Greece, Iceland, Korea (Rep.), and Norway on 22 January 2026. These profiles focus on countries'
See MoreBrazil introduces new taxpayer rights, obligations code
Brazil has enacted Complementary Law No. 225 of 8 January 2026, which introduces a new code governing taxpayer rights, guarantees, duties, and procedures in interactions with tax authorities at the federal, state, district, and municipal levels that
See MoreBrazil tightens tax incentives, raises select levies
Brazil has issued Complementary Law No. 224 of 26 December 2025, along with implementing regulations in Decree No. 12.808 of 29 December 2025. Both the law and the decree introduce a broad reduction in tax benefits across key federal taxes,
See MoreBrazil: RFB launches special asset regularisation declaration for 2026
The Brazilian Federal Revenue Service (RFB) announced on 19 January 2026 that it has made available the Declaration of Option for the Special Regime of Asset Regularisation (Derp), enabling individuals and legal entities to participate in the
See MoreBrazil: RFB mandates use of Electronic Tax Domicile (DTE) for CNPJ registered legal entities from 2026
Brazil’s tax authority, the Federal Revenue Service (RFB), announced on 16 January 2026 that since January 2026, the Electronic Tax Domicile (DTE) has become mandatory for all Legal Entities registered in the CNPJ, establishing itself as the
See MoreBrazil: RFB denounces fake news about PIX taxation
Brazil’s tax authority, the Federal Revenue Service (RFB) issued a warning to the public on 14 January 2026 regarding false claims circulating on social media that PIX transactions are being monitored for taxation purposes. Authorities stressed
See MoreBrazil: RFB opens registration for special asset update regime, corporate asset revaluation subject to 4.8% tax
The Federal Revenue Service (RFB), has opened the Declaration of Option for the Special Asset Update Regime (Deap), allowing individuals and legal entities to update asset values acquired with legally sourced funds up to 31 December 2024, with
See MoreBrazil: RFB updates automatic information exchange rules to include digital currencies, crypto-assets
Brazil’s Federal Revenue Service (RFB) issued Normative Instruction RFB 2298 on 26 December 2025, updating the Common Reporting Standard (CRS) in line with the latest OECD version. Effective 1 January 2026, Key updates include the
See MoreIMF: Revolutionizing Public Finance Operations through Digitalization
During the IMF/World Bank annual meetings in October 2025, a panel discussion was held on 17 October 2025 on digitalisation. The panel included representatives of the administrations of Finland, Brazil and Madagascar who outlined their efforts to
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