Join us for an insightful episode of “GILTI Conscience” as David Farhat, Eman Cuyler and Stefane Victor — together with our special host Skadden tax partner Loren Ponds and guest Fernando Colucci, partner at Machado Meyer in São Paulo — discuss Brazil’s recent transfer pricing overhaul. Brazil’s move to adopt OECD-aligned transfer pricing rules marks a sharp change from the country’s long-standing formula-based system. This shift brings Brazil more in line with global standards, but it also introduces a host of new complexities for See more +
Join us for an insightful episode of “GILTI Conscience” as David Farhat, Eman Cuyler and Stefane Victor — together with our special host Skadden tax partner Loren Ponds and guest Fernando Colucci, partner at Machado Meyer in São Paulo — discuss Brazil’s recent transfer pricing overhaul. Brazil’s move to adopt OECD-aligned transfer pricing rules marks a sharp change from the country’s long-standing formula-based system. This shift brings Brazil more in line with global standards, but it also introduces a host of new complexities for multinational companies with operations in the country. This discussion addresses what these changes mean in practice, how different industries will feel the impact and the increasing scrutiny from Brazil’s tax authority. With penalties reaching up to 75% for non-compliance in Brazil, staying informed is essential for businesses operating in Brazil. See less -
