Friday, 21 February 2020

XXXVIII, No 3, 03/02/2020

Brazil introduces “informatics law” with multipliers – tax breaks for compliance, penalties for non-compliance

Brazil has introduced an “Informatics Law.” The law provides tax incentives and regional multipliers for investment in R&D in the IT sector. Investments are mandatory for both foreign and local companies with a production unit in Brazil. The legislation is highly complex and published in Portuguese…

 

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