The Advisory occupies relevant positions among the best consultancies in Brazil in 2023 in two categories. Leaders League is an international group based in France founded in 1996. It operates in seven countries, including Brazil. Using a respected methodology, its rankings have global reach, which greatly impacts the decisions of executives of national and European …
Drummond Advisors stands out in Leaders League rankings Read More »
The 2022 International Tax Competitiveness Index was released. In accordance with the Tax Foundation, the objective of the index is to measure the extent to which a country’s tax system meets two important aspects of tax policy: competitiveness and neutrality. Of the “top-10” in ranking, eight countries are from the European continent, including the leader …
2022 International Tax Competitiveness Index: Europe has 8 of the top 10 in ranking Read More »
According to Tax Foundation, State Business Tax Climate Index enables corporate leaders, government policy developers and taxpayers to compare tax system in each state. Even though there are several ways to express the value of taxes that a state government collects, this index purpose is showing how the states have structured their tax system and …
See 2023 USA State Business Tax Climate Index Top 10 States Read More »
During this 2023 tax filing season, the American Internal Revenue Service (IRS) alerts taxpayers to the importance of visiting irs.gov, gathering the necessary information, and accessing the updated tools that can help when filing your Tax Return for 2022. See below some recommendations before filling out the form: Wait to receive all “key” tax documents …
Tax Season: what you should consider when preparing your U.S. Tax Return in 2023 Read More »
On March 1, 2023, Ordinance 97/2023, of February 28, entered into force. This aimed to comply with the agreement of the 2021 meeting of the Community of Portuguese-speaking Countries (CPLP), endorsed by the Portuguese Assembly. From now on, nationals of CPLP countries, which is composed of Angola, Brazil, Cape Verde, Guinea-Bissau, Equatorial Guinea, Mozambique, Sao …
Brazilians now have automatic residence authorization in Portugal Read More »
The delivery of the IR 2023 starts this Wednesday (15), with new rules and an extended deadline. The expectation is that the Federal Revenue will receive between 38.5 million and 39.5 million documents by May 31, the final deadline for rendering accounts. One of the novelties is related to trading on the stock exchange. This …
As of January 1st, 38 states had major taxation changes taking effect across the US. Most of these changes represent downswing of net taxes, which is a result of rate reduction policies. Check out some of these changes: Individual Income Tax As of January 1st, personal income tax cuts are available in 11 states: Arizona, …
State tax changes are already in place in the US, check it out! Read More »
In recent years, the world has discussed important changes in international taxation rules that affect multinational companies. In the last quarter of 2023, after talks at the Organization for Economic Cooperation and Development (OECD), more than 130 member jurisdictions consented to a new taxation project. Large corporations pay more taxes in countries where they have …
Learn about the details of the new global tax agreement under debate Read More »
What is it? The CEBAS certificate is one of the documents required by the IRS for non-profit entities to benefit from exemptions and social contributions, such as the employer’s share of the social security contribution on the payroll; Social Contribution on Net Income – CSLL; among others. In addition, this certification may be a prerequisite …
Certification of Beneficent Social Assistance Entity (CEBAS) Read More »
On February 24, 2023 (Friday), Normative Ruling (“IN”) No. 2,132 was published, through which the Federal Revenue Service of Brazil (“RFB”) regulates the taxpayer’s option for applying the rules of transfer price provided for in Provisional Measure (“MP”) No. 1,152/2022 to controlled transactions carried out in the calendar year of 2023. We point out, right …
Federal Revenue regulates the application anticipation of the new Transfer Pricing Rules Read More »
