Netvouz / lillymark http://www.netvouz.com/lillymark?feed=rss&pg=260 lillymark's bookmarks on Netvouz Brazil Introduces Fixed Profit Margins to Simplify Transfer Pricing Method http://www.nair-co.com/BrazilTransferPricingPolicy2012.aspx The Brazilian government introduced changes to transfer pricing rules which includes a range of fixed profit margins for various industry sectors. The main changes are effective January 1, 2013 but the rules can also be applicable for calendar year 2012. lillymark Thu, 10 May 2012 12:26:18 GMT Brazil Introduces New Amendments to Financial Transaction Tax (IOF) http://www.nair-co.com/BrazilfinancialTransactionTax.aspx The Brazilian Government has introduced new amendments to the regulations on financial transactions tax (IOF) imposed on foreign exchange transaction with effect from March 1, 2012. lillymark Fri, 11 May 2012 04:15:14 GMT Brazil Issues Guidelines for Calculating Deduction of Interest http://www.nair-co.com/Brazil-Issues-Guidlines-14-11-2013.aspx Brazil recently issued guidelines for estimating the amount companies doing business in the country may deduct for interest payments on net equity, reports Nair & Co.’s International Tax Team. lillymark Tue, 19 Nov 2013 03:50:32 GMT Brazil Issues Guidelines for Calculating Deduction of Interest http://www.pressreleasepoint.com/brazil-issues-guidelines-calculating-deduction-interest Brazil recently issued guidelines for estimating the amount companies doing business in the country may deduct for interest payments on net equity, reports Nair & Co.’s International Tax Team. lillymark Wed, 20 Nov 2013 11:28:01 GMT Brazil Launches Program to Verify Employees Details http://www.nair-co.com/BrazilVerifyEmployeesDetails-09-01-2014.aspx The Brazilian government has launched the preliminary phase of the electronic registration program under which business entities are asked to submit social identification number and birth date of all employees. lillymark Mon, 13 Jan 2014 05:15:49 GMT Brazil Makes New Changes to Social Security Contribution http://www.nair-co.com/BrazilSocialSecurityContribution.aspx New changes to the social security contribution for Brazilian employers may take effect from August 1, 2012, subject to Congress' approval. lillymark Fri, 11 May 2012 08:30:03 GMT Brazil Proposes Revised Anti Corruption Law: Update from International Tax Compliance Services Team http://www.nair-co.com/BrazilAntiCorruptionLaw-06-06-2013.aspx The Brazilian government has presented an anti-corruption bill for consideration before the senate; the anti- corruption bill imposes liability on businesses involved in foreign and domestic bribery. lillymark Fri, 07 Jun 2013 05:23:39 GMT Brazil Raises Withholding Tax Thresholds for Employee Profit-Sharing Plans http://www.nair-co.com/BrazilEmployeeProfitSharingPlans-13-01-2014.aspx Nair & Co. which provides global HR services for companies setting up foreign operations reports that the employee profit-sharing plan related tax withholding thresholds in Brazil have recently been modified, applicable 1 January, 2014. lillymark Thu, 16 Jan 2014 08:21:11 GMT Brazil Reduces Financial Transaction Tax (IOF) to Nil; Encourages Businesses to Invest in Certain Sectors http://www.nair-co.com/BrazilReducesFinancialTransactionTax-18-09-2012.aspx The Brazilian Government has reduced the rate of financial transaction tax (Imposto sobre Operações Financeiras – IOF) on certain insurance policies to nil. The declaration pertaining to tax reduction has been published on August 16, 2012 and takes effect 90 days following its announcement. lillymark Mon, 24 Sep 2012 06:02:14 GMT Brazil Reduces Tax on Certain Financial Transactions to 0%: Updates from International Tax Consulting Team http://www.nair-co.com/BrazilFinancialTransaction-28-05-2013.aspx The Brazilian Government has reduced the rate of tax on financial transactions (IOF - imposto sobre operações financeiras) to 0% for certain infrastructure-related investments. lillymark Wed, 29 May 2013 05:26:11 GMT