{"id":5778,"date":"2022-08-25T14:58:48","date_gmt":"2022-08-25T14:58:48","guid":{"rendered":"https:\/\/lataxnet.net\/es\/?p=5778"},"modified":"2022-11-16T15:05:53","modified_gmt":"2022-11-16T15:05:53","slug":"brazil-plan-for-brazils-accession-to-the-oecd-changes-to-transfer-pricing-rules","status":"publish","type":"post","link":"https:\/\/lataxnet.net\/es\/brazil-plan-for-brazils-accession-to-the-oecd-changes-to-transfer-pricing-rules\/","title":{"rendered":"Brazil: Plan for Brazil\u2019s Accession to the OECD: Changes to Transfer Pricing Rules"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"background-color: rgba(255,255,255,0);background-position: center center;background-repeat: no-repeat;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom: 0px;margin-top: 0px;border-width: 0px 0px 0px 0px;border-color:#e2e2e2;border-style:solid;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"margin-top:0px;margin-bottom:20px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\" style=\"background-position:left top;background-repeat:no-repeat;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;padding: 0px 0px 0px 0px;\"><style type=\"text\/css\"><\/style><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-three\" style=\"margin-top:10px;margin-bottom:15px;\"><h3 class=\"title-heading-left\" style=\"margin:0;\">Brazil: Plan for Brazil\u2019s Accession to the OECD: Changes to Transfer Pricing Rules<\/h3><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 hundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"background-color: rgba(255,255,255,0);background-position: center center;background-repeat: no-repeat;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom: 0px;margin-top: 0px;border-width: 0px 0px 0px 0px;border-color:#e2e2e2;border-style:solid;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"margin-top:0px;margin-bottom:20px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\" style=\"background-position:left top;background-repeat:no-repeat;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;padding: 0px 0px 0px 0px;\"><style type=\"text\/css\"><\/style><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-five\" style=\"margin-top:10px;margin-bottom:15px;\"><h5 class=\"title-heading-left\" style=\"margin:0;\">April 2022 saw the Brazilian Federal Revenue Service and the OECD present a proposal for the new Brazilian TP system, the main objective of which would be to enable the alignment with the OECD Guidelines as one of the necessary steps for Brazil to join the OECD.<\/h5><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><style type=\"text\/css\">.fusion-fullwidth.fusion-builder-row-2 { overflow:visible; }<\/style><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"background-color: rgba(255,255,255,0);background-position: center center;background-repeat: no-repeat;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;margin-bottom: 0px;margin-top: 0px;border-width: 0px 0px 0px 0px;border-color:#e2e2e2;border-style:solid;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"margin-top:0px;margin-bottom:20px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\" style=\"background-position:left top;background-repeat:no-repeat;-webkit-background-size:cover;-moz-background-size:cover;-o-background-size:cover;background-size:cover;padding: 0px 0px 0px 0px;\"><div class=\"fusion-text fusion-text-1\"><p>Brazil applied to join the OECD in 2017 and, in January 2022, OECD decided to begin accession talks with Brazil, which ultimately led to the publication of the roadmap for Brazil\u2019s accession in June. Although the alignment with OECD standards is only one of the items listed in the roadmap, it is of extreme relevance for the Brazilian tax environment and consequently for those companies operating in Brazil, as well as Brazilian companies investing abroad.<\/p>\n<p>During 2018 and 2019, the Brazilian Federal Revenue Service and OECD developed a project to analyze the similarities and differences between the Brazilian current model and the OECD standards and concluded, in a report issued in 2019, that the Brazilian Transfer Pricing rules and practices deviate from the OECD Guidelines in several aspects.<\/p>\n<p>In this context, the announcement of the main points of the proposal by the Brazilian Federal Revenue Service and the OECD represents the first step towards the effective implementation of the new rules aligned with OECD standards. Considering that the bill of law amending the legislation currently in force will still be finalized and presented to the National Congress, there is still no official wording or additional details about the changes aside from those provided by the Brazilian Federal Revenue Service.<\/p>\n<p>As the rules currently in force are inspired by the arm\u2019s length principle but do not completely honour this principle, the main objective of the new rules shall be to meet the arm\u2019s length principle. Based on the announcement of Brazilian Federal Revenue Service and OECD, the main changes shall include the following:<\/p>\n<p>Once implemented, it is expected that the new rules will help eliminate the double taxation arising today from the overlapping of Transfer Pricing rules.<\/p>\n<p>According to the timeline announced by the tax authorities, the bill of law would ideally be presented\/approved in 2023 and would be in force as of 2024. No transition period is scheduled to take place.<\/p>\n<p>Foreign companies doing business in Brazil and Brazilian companies operating abroad should follow this project closely and bear in mind that these changes will most likely require them to re-evaluate current Transfer Pricing policies and existing agreements.<\/p>\n<p>Writers: Stephanie Makin and Mariana Martins (Machado Associados)<br \/>\nOriginal: https:\/\/wts.com\/wts.com\/publications\/transfer-pricing-newsletter\/2022\/WTSGlobal_TPNewsletter_2_2022.pdf<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":5779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[93,86,6],"tags":[85],"_links":{"self":[{"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/posts\/5778"}],"collection":[{"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/comments?post=5778"}],"version-history":[{"count":1,"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/posts\/5778\/revisions"}],"predecessor-version":[{"id":5780,"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/posts\/5778\/revisions\/5780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/media\/5779"}],"wp:attachment":[{"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/media?parent=5778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/categories?post=5778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lataxnet.net\/es\/wp-json\/wp\/v2\/tags?post=5778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}