Brazil joining the OECD - Possible tax implications

16 March 2022

 On January 25, 2022, OECD formally opened accession discussions with Brazil, following deliberation by its members and, in the Organization's words, "the progress made by Brazil since its first request for OECD membership" back in 2017. Beyond an alignment of the 12th largest economy in the planet (as per latest official GDP figures published by the World Bank) with member nations such as the United Kingdom, until this accession occurs the required convergence to OECD's policies and legal instruments shall imply an increased insertion of the Brazilian economy in global business and trade. However, several features of taxation in Brazil can be perceived as conflicting with practices within the OECD framework. 

Please join us in our exam of possible implications to Brazilian tax rules resulting from this convergence process, focusing on those likely to impact tax ascertainment related to cross-border trade and services, v.g., transfer pricing regulations.

Opening:

- Vera Innes, Chair of the Brazilian Chamber of Commerce in GB

- Gustavo Braga, founding partner at BBS - Braga, Bastos & Sá Advogados and Head of the Tax Committee of the Brazilian Chamber of Commerce in GB

Panel discussion and Q&A:  Possible tax implications of Brazil joining OECD 

- Marcio Oliveira, EY's partner and Brazil tax leader for the energy sector

- Francisco Lisboa Moreira, partner at Bocater Camargo Costa e Silva Rodrigues Advogados, LLM in international tax New York University

Moderator: 

- Fabio Gaspar, Tax Director of Shell Brazil, Vice-Chair of the Tax Committee of the Brazilian Chamber of Commerce in GB

Closing: 

- Mariana Coutinho, Tax Coordinator at Prumo Logística, member of the Tax Committee of the Brazilian Chamber of Commerce in GB

- Luiz Felipe Centeno Ferraz, partner at Mattos Filho Advogados, member of the Tax Committee of the Brazilian Chamber of Commerce in GB