Brazil eliminates double taxation with Chile and Poland
Brazil publishes new agreements with Chile and Poland to eliminate double taxation and combat tax evasion On March 3, 2026, the Brazilian federal government enacted two new decrees aimed at eliminating double taxation on income arising from transactions involving Chile and Poland. The measures, which are already in force, seek to balance the tax burden […]
Non-Remunerative Bonuses, Taxation, and COSIT Consultation Ruling No. 10/2026
On February 3, 2026, the Brazilian Federal Revenue Service issued COSIT Consultation Ruling No. 10/2026, revising its understanding regarding the non-incidence of social security contributions on non-remunerative bonuses. 1. Concept of BonusThis matter is grounded in Article 457, §§ 2 and 4 of the Brazilian Labor Code (Consolidação das Leis do Trabalho – “CLT”), which establishes […]
Information Notice on LC 225/26
New Brazilian taxpayer Bill of Rights: Lei Complementar No. 225/2026 and its impacts On January 9, 2026, Lei Complementar (Law) No. 225/2026 (“LC 225/26”) was enacted, establishing the Código de Defesa dos Contribuintes (a new Brazilian taxpayer Bill of Rights) and setting forth general rules of nationwide application governing the relationship between taxpayers and tax […]
Information Notice on LC 224/25
New regulations restrict federal tax benefits and alter rules for Lucro Presumido and Juros Sobre Capital Próprio. Lei Complementar No. 224/2025 was enacted on December 26, 2025, providing for the linear reduction, limitation, and redefinition of criteria for granting federal tax, financial, and credit incentives. Subsequently, the statute was regulated by Decreto (Decree) No. 12.208/2025, […]
Information about the Refis RJ 2025
The State of Rio de Janeiro has introduced a new opportunity for the regularization of outstanding liabilities, offering discounts of up to 95% and a 60-day enrollment window. On December 10, 2025, Decreto nº 50.040/2025 was published in the Official Gazette of the State of Rio de Janeiro, regulating the new Special Installment Program for […]