Brazil Provision Introduces New Method, Enacts Other Transfer Pricing Rule Changes

Sweeping changes to Brazil’s transfer pricing regulations Dec. 29 eliminate the method used most often by Brazilian firms for justifying import prices, create a new pricing method, and alter the statutory gross profit margins. [Provisional Measure 478, published 12/29/09]

According to Fernando Matos and Carlos Ayub of Deloitte Touche Tohmatsu in São Paulo, the changes, effective Jan. 1, also include: Enjoying this article? To continue reading you need to take out a FREE trial to the Transfer Pricing Library.




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