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Brazil

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Tax authorities

Ministério da Fazenda – Ministry of Finance
Esplanada dos Ministérios - Bloco P - 70048-900 - Brasília - DF
Tel: +55 61 412 2000/3000
Website: www.receita.fazenda.gov.br

Tax rates at a glance

(As of September 2011) 

Corporate Income Tax Rate (%) 15%
Capital Gains Tax Rate (%) 15%
Branch Tax Rate (%) 15%

Withholding Tax (%)
Dividends 0%
Interest 15%
Royalties from Patents, Know-how, etc. 15%
Services 15%
Branch Remittance Tax: 0%

Net operating losses (years)
Carryback 0
Carryforward Unlimited

Source: Deloitte International Tax Source; www.deloitte/dits

Brazil

Nelio Weiss and Philippe Jeffrey
PwC
Brazil

While the Brazilian president has decided to split the issue of much-needed tax reform into different parts, the courts added to the wealth of tax case law and the legislature passed more new measures, explain Nelio Weiss and Philippe Jeffrey of PwC

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Tax

Deloitte's tax consulting practice in Brazil has 480 professionals including 24 partners and covers all the practice areas that a taxpayer needs to be on top of, including indirect taxes and transfer pricing. Led by partner Cristina Arantes de Almeida ... [more]

Ernst & Young is at the forefront of the Brazilian tax market. Romero Tavares is head of the corporate tax advisory team. Marcelo Lira and Gil Mendes are well known as leading corporate tax, cross-border structuring and M&A advisers and the firm is acknowledged ... [more]

Roberto Quiroga Mosquera and Andréa Bazzo Lauletta of Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados are praised for the excellence of their capital markets and financial products advice. The firm is a leader in corporate tax, M&A and restructuring ... [more]

Pinheiro Neto Advogados represents high profile clients in the banking, food and energy sectors. The practice works on numerous transfer pricing transactions for one of the largest pharmaceutical companies in the world. Ricardo Becker specialises in ... [more]

KPMG is a strong competitor in the Brazilian tax market. Their volume of work has been key to this distinction. Partners Roberto Haddad and Diogo Ruiz are leading cross-border structuring specialists in Brazil and Carlos Eduardo Toro was acknowledged ... [more]

The tax practice of Lefosse Advogados in cooperation with Linklaters focuses on four key areas, transactional tax work, international tax, complex tax advice and tax litigation. Partner and head of the tax department Gustavo Lian Haddad heads the group ... [more]

Machado Meyer Sendacz e Opice is an established local and international tax firm. The firm's approach and sophisticated transactional advice, makes them a favourite for tax planning and consultancy work.

Ulhôa Canto Rezende e Guerra's outstanding performance in tax litigation, particularly before the Federal Supreme Court, have meant that they have worked on some of the leading cases in Brazil. The practice is divided into three departments: corporate ... [more]

Dias de Souza Advogados is led by partner Hamilton Dias de Souza, who is a distinguished tax controversy and litigation adviser. The practice has six partners and 13 other fee earners.

Founding partner Luís Eduardo Schoueri of Lacaz Martins, Halembeck, Pereira Neto, Gurevich & Schoueri Advogados is a full-time professor of tax legislation at the Law School of the University of São Paulo. Alexandre Siciliano Borges is head of tax consultingand ... [more]

Machado Associados has a team of 73 in its tax group, which is divided into the five areas of direct taxes, indirect taxes, tax litigation, transfer pricing and international taxation. The firm has been successful in advising several large Brazilian ... [more]

Rolim, Viotti, Leite Campos is led by joint tax department heads João Dácio Rolim, Cristiano Viotti and Gilberto Ayres Moreira. The practice has 10 partners and 12 specialists in the areas of international corporate tax, indirect tax and transfer pricing. ... [more]

Claudia Farkouh Prado, managing partner of the tax group of Trench Rossi e Watanabe, associated with Baker & McKenzie, specialises in M&A. Like the rest of Baker & McKenzie around the world, the firm also has a strong transfer pricing focus.

Xavier, Bernardes, Bragança was founded by partner Alberto Xavier, who still leads the tax practice. The firm advises on domestic and international tax planning.

Barbosa Müssnich & Aragão - Taxand has three partners 27 other fee earners in their Brazilian tax practice. This full service law firm provides a range of tax services with a concentration in domestic issues that is complemented by its membership of ... [more]

Demarest e Almeida has widened its representation in the Brazilian tax market over the past year in many ways. The firm has eight offices in Brazil and one in the US. They have 18 partners and 72 associates in the tax practice, with wide-ranging experience ... [more]

Mariz de Oliveira e Siqueira Campos Advogados, led by Roberto de Siqueira Campos, has a particular, though not exclusive, specialty in indirect taxation, including import and export taxes. The firm, which is quickly moving into the top rank of the Brazilian ... [more]

Souza Cescon Barrieu & Flesch is led by founding partner, Roberto Barrieu, who is known for his transactional tax and cross-border experience. Partner Paulo Bento leads transactions in both capital markets, tax consulting and planning with a specialty ... [more]

Advocacia Krakowiak's founder and partner Leo Krakowiak is highly recommended for his tax controversy and litigation innovation in the Brazilian tax market. With a focus more on tax litigation they frequently represent the Brazilian subsidiaries of multinational ... [more]

Barros Carvalho Advogados Associados is on the rise in the Brazilian tax market. One of three founders, Paulo de Barros Carvalho is a "well known professor" from one of the two major universities in Brazil and is known to provide opinions that focus ... [more]

Branco Consultores is a tax and legal firm that advises companies on planning, negotiations, international tax, restructuring, transfer pricing, tax operations and reviews, and litigation. Rubens Branco, the only partner, has a director, four managers ... [more]

Castro Barros Sobral Gomes Advogados's tax team is one of 10, including partner and department head André Gomes de Oliveira. The other partner in the tax group is João Pedro Gonçalves Gomes and there are eight associates. They advise on tax strategies, ... [more]

TozziniFreire Advogados is led by partner Ana Cláudia Utumi, who is widely respected for her international taxation and cross-border work. This young firm has five offices in Brazil and one in New York.

The Tax Department of Veirano Advogados is led by national coordinator Ian Muniz. The tax practice has 45 lawyers including six partners, that provide a wide range of services in the tax and customs area. Other leaders of the department are tax partners ... [more]

Several professionals confirm the good reputation of the Velloza, Girotto e Lindenbojm Advogados Associados law firm for tax advice. The practice has 11 partners and 75 other fee earners with expertise and experience in administrative and judicial tax ... [more]

See also

Brazil
Latin America

Firm contact details