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The Brazilian legal system is a wild hairy beast, topped with a crust so thick it takes a vast amount of time, experience and expertise to get to the bottom of the policy underlying much of the legislation. And if the piece of legislation at hand is a tax law – well let´s just say that this is any entrepreneur´s worst nightmare. Brazilian tax laws are said to be confusing and complicated, because Brazil tends to “do its own thing” when it comes to regulating cross border and international tax situations. Brazil is averse to international conventions, mainly because they tend to reduce Brazilian tax authorities’ ability to tax. That does not mean that Brazil ignores intergovernmental organizations such as the Organization for Economic Cooperation and Development (“OECD”) entirely. What it means is that it takes international tax conventions and regulations only to be an inspiration for the creation of its own international tax laws.