Brazilian Voluntary Disclosure.

On March 15th, 2016, the normative ruling n. 1627/2016 has been published on the Brazilian of cial gazette, latter de ning the Regime Especial de Regularização Cambial e Tributária (“RERCT”). Such regime foresees the possibility of regularizing foreign assets and rights held by Brazilian taxpayers off-shore and undeclared to Brazilian Tax Authorities. Said assets can Read More …