Tax & Accounting Blog

Brazil Updates FAQs on Country-by-Country Reporting Requirements

Brazil Updates FAQs on Country-by-Country Reporting Requirements

On June 9, 2017, Brazil issued updated FAQs on country-by-country (CbC) reporting. On December 29, 2016, Brazil published Normative Instruction No. 1681/2016, requiring CbC reporting for fiscal years that begin on or after January 1, 2016. See BEPS Action 13. The FAQs address the following considerations (among others): Whether extraordinary revenues and gains from … Read More

Fostering stronger customer support with a single-code line platform

Fostering stronger customer support with a single-code line platform

Any company worth its salt pays keen attention to customer service. Finding new ways to add value and improve the user experience are cornerstone tenets that can never be underestimated. Both are big drivers for the transition of Aumentum to a single-code line platform. A scalable platform will foster closer, more productive relationships with … Read More

Brazil Issues Transitional Relief Measures for 2016 Country-by-Country Report Filings

Brazil Issues Transitional Relief Measures for 2016 Country-by-Country Report Filings

On May 25, 2017, Brazil published RFB Normative Instruction No. 1,709/2017 in the official gazette to amend certain parts of the country-by-country (CbC) reporting rules in Normative Instruction No. 1,681/2016 (issued on December 29, 2016). Brazil introduced CbC reporting via Normative Instruction No. 1,681/2016 for fiscal years that begin on or after … Read More