Tax & Accounting Blog

Portugal Approves Country-by-Country Notification Form

Portugal Approves Country-by-Country Notification Form

On December 11, 2017, the Portuguese government issued Order 367/2017 approving the model declaration, “Communication of the Identification of the Declarant Entity – Financial and Tax Declaration by Country” (Model 54), under Article 121-A(4) of the Income Tax Code (ITC) . The declaration, which represents a notification for country-by-country (CbC) reporting … Read More

Meaningful Changes to REPETRO SPED Could Rebuild the Oil and Gas Sector in Brazil

Meaningful Changes to REPETRO SPED Could Rebuild the Oil and Gas Sector in Brazil

Brazil has several customs programs that provide incentives to the oil and gas sectors, one of which is the Special Regime of Incentives for the Development of the Oil Industry Infrastructure, better known by its Brazilian acronym – REPETRO. REPETRO is a special customs program that was designed for the export and import of goods … Read More