Brazil Double Taxation Agreements

Agreement between the Government of the Republic of India and the Government of the Federal Republic of Brazil to avoid double taxation and prevent income tax evasion. 2. The imposition of a stable establishment that a firm of one contracting state has in the other contracting state is not perceived less favourably in that other state than the taxation applied to the enterprises of that other state carrying out the same activities. This provision should not be construed as requiring a State Party to grant residents of the other State party personal allowances, tax breaks and reductions because of marital status or family obligations granted to its own residents. Brazil has an extensive network of tax agreements aimed at minimizing double taxation related to an international mission. Tax treaties deal with double taxation of income and the application of tax treaties and the interpretation of rules can be quite complex. Therefore, we recommend that you contact your tax advisor before making decisions based on the application of the contractual provisions. This paragraph does not affect the corporation`s taxation on the profits on which the dividends are paid. Brazil maintains tax treaties to avoid double taxation with the following countries: Argentina, Belgium, Canada, Chile, China, Czech Republic, Denmark, Denmark, Finland, France, Hungary, India, Israel, Italy, Japan, Luxembourg, Mexico, Netherlands, Norway, Peru, Philippines, Portugal, Russia, Singapore, Slovak Republic, South Africa, South Korea, Spain, Sweden, Switzerland, Trinidad and Tobago, Turkey, Ukraine, United Arab Emirates(c) , a corporation and another entity that is treated as a taxable unit under the tax legislation in force in the respective contracting states; Brazil is one of South America`s largest economies and an emerging world power with the world`s fifth largest population. Look at tax rates, the latest tax news and information on double taxation agreements with our specialized online resources, guides and useful links. We can provide current and historical tax rates, comparison tables and country surveys through our specialized tax databases. We have current key summaries and detailed analysis of the tax system in countries around the world on corporate taxation, individual taxation, business and investment.

1. Nationals of a contracting state must not be subject to a different or heavier taxation or requirement in the other contracting state than the imposition and related requirements to which nationals of that other state are subject or may be subject in the same circumstances.

08.04.2021 ∙ af admin