US-Brazil: Intergovernmental agreement (IGA) has been signed

US President Donald Trump has signed an executive order imposing sweeping tariffs on imported patented pharmaceuticals, with rates reaching 100% for most products not manufactured domestically. The measure, formalised through a proclamation issued

The US IRS has released Notice 2026-25, setting out updated limits on housing expenses for 2026 under Section 911 of the Internal Revenue Code. This notice provides adjustments to the limitation on housing expenses for purposes of section 911 of

The US Internal Revenue Service (IRS) issued a release on 9 April 2026, in which it reminded last-minute tax filers of the 15 April deadline.  The IRS encourages those who still need to file to use free tools and resources on IRS.gov to file on

Guilherme Mello, Brazil’s Planning Ministry's newly appointed executive secretary, said on Wednesday, 8 April 2026, that Brazil is pressing ahead with fiscal discipline despite an upcoming presidential election, with new spending caps and

Brazil’s tax authority, the Federal Revenue Service (RFB) issued Normative Instruction No. 2,306 on 23 January 2026, modifying the taxation framework for companies operating under the presumed profit regime. The changes establish a tiered system

Brazil has fundamentally restructured its transfer pricing system through Law No. 14,596/2023 and RFB Normative Instruction No. 2,161/2023, marking a decisive shift toward OECD standards. The arm's length principle takes centre stage The