Latin American Law and Business Report

Latin American Law and Business Report

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Taxes Imposed on Brazilian Payor CIDE: This tax is levied at a rate of 10 percent on the gross amount of the service ... Another aspect that should be highlighted in connection with cross-border payments of service fees is the amount of the remittance. ... performing services for their Brazilian subsidiaries), the amount of the service fee should comply with applicable ... Cross-border. remittances. require. a. foreign. currency. exchange. transaction. in. accordance. with. which. Brazilian.

Title:Latin American Law and Business Report
Publisher: - 2005

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