Provisional measure introducing the new transfer pricing rules is approved by the House of Representatives

Autor:

Ana Carolina Utimati

Sócia

Conheça
Breno Sarpi

Sócio

Conheça
Bruno Carramaschi

Sócio

Conheça
Dante Zanotti

Sócio

Conheça
Gustavo Lian Haddad

Sócio

Conheça
Gustavo Paes

Sócio

Conheça
Jayme Freitas

Sócio

Conheça
João Paulo Muntada Cavinatto

Sócio

Conheça
Marcos de Carvalho

Sócio

Conheça
Ricardo Bolan

Sócio

Conheça
Vinicius Jucá

Sócio

Conheça

04 de abril de 2023

2 min de leitura

Introdução

Provisional Measure No. 1,152/2022 was approved by the House of Representatives.

The wording approved preserved the essence of the original one, with effects from January 1, 2024 and possibility of voluntary early adoption in 2023. Some changes were however included:

CUP will be the preferable method for commodities only when its application would comply with the arm’s length principle;
The rule that would not allow the deductibility of royalties paid to low tax jurisdictions and privileged tax regimes was excluded from the approved wording. Royalty deductibility will follow the new transfer pricing regime; and
The rule dealing with secondary adjustments (including the 12% interest rate) was suppressed.

Next steps

1. The approved wording will now be sent to the Senate for its review and approval.

2.1. If the Senate does not change the wording approved by the House of Representatives then it will be sent to the President for sanction or veto,

2.2. If the Senate changes the wording, the House of Representatives would reanalyze the new wording as approved by Senate. After that, it goes to the President for sanction or veto.

It is expected that the Senate will start its part of the process this week.

Lefosse’s Tax Team closely monitors the changes that impact the Brazilian market. For further clarification on this matter, or others that may be of interest to you, contact our professionals.

Conteúdos relacionados

Anvisa regulamenta critérios e procedimentos específicos para definição de Autoridades Reguladoras Estrangeiras Equivalentes

4 min

Alerta

CAMEX zera Imposto de Importação de Máquinas e Equipamentos

2 min

Alerta

Parlamento Europeu aprova novo regramento visando à proibição da comercialização de produtos provenientes de áreas desmatadas ou degradadas

6 min

Alerta

Provisional measure introducing the new transfer pricing rules is approved by the House of Representatives

Conteúdos relacionados

Anvisa regulamenta critérios e procedimentos específicos para definição de Autoridades Reguladoras Estrangeiras Equivalentes

CAMEX zera Imposto de Importação de Máquinas e Equipamentos

Parlamento Europeu aprova novo regramento visando à proibição da comercialização de produtos provenientes de áreas desmatadas ou degradadas

Radar Lefosse na sua caixa de entrada

Somos um escritório de advocacia full service que oferece consultoria especializada em todas as práticas do Direito, com sólida experiência de atuação nos cenários nacional e internacional.

São Paulo

Rio de Janeiro

Brasília