Brazilian tax package

The following article was kindly provided by Attorney Glaucio Pellegrino Grottoli from the Brazilian law firm of Peixoto e Cury Advogados in São Paulo, Brazil. Last week the Brazilian Government granted Brazilian Taxpayers a series of important benefits to enhance the economic activity. Below we explain in details each one of the benefits. (i) Companies can now deduct , as current expenses, from the calculation basis of the Income Tax (IRPJ) and Social Contribution on... Read more →