Taxation in Brazil

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CARF – which is the highest administrative tax court within the framework of the Brazilian Ministry of Finance – has recently issued two opinions with regards to the deferral of the taxation of capital gains arising out from the sale of share control of a company by means of closely-end investment funds (Fundos de Investimentos […]

The nationwide trucker strike that hit Brazil earlier this year caused Q2 output and sales to decline for polyolefins producer Braskem, executives said on Thursday.

GPA, one of Brazil’s largest food retailers, reported quarterly results that soared past profit estimates on Tuesday due to significant tax re-calculations.

Brazilian federal tax auditors will start a two-day strike on Tuesday to demand payment of a salary bonus, their union Sindireceita said, a stoppage that could further reduce income tax revenue.

Brazil’s state-run postal service says it will start charging extra to deliver letters and packages in Rio de Janeiro due to a wave of wave of violence in the state.

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