Customs Valuation Under Scrutiny by Federal Revenue Service: New Wave of Audits Exposes Risks in International Operations
The intensification of customs valuation in Brazil. The intensification of customs inspection in Brazil, with a specific focus on the valuation of imported goods — including the examination of indirect adjustments, supplementary payments, and intra-group structures — has ceased to be a trend and has become a concrete reality in the daily operations of companies. This movement […]
The IRS and the new Transfer Pricing Rules
To regulate the provisions of Law No. 14,596/2023, published in April of this year, the Federal Revenue Service (RFB) published Normative Instruction No. 2,161/2023, which establishes the Transfer Pricing rules applicable to transactions between parties domiciled in Brazil and their related parties abroad. Both regulations arise from initiatives of the Government […]