International tax

Brazil's broad tax changes - what you need to know now

Hosted by International Tax Services

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On 12 November 2013, Brazil’s Executive Branch published Provisional Measure 627 containing a broad array of tax changes that will affect multinational companies doing business in Brazil as well as Brazilian multinationals with operations abroad.

The new rules are optional for 2014 and mandatory for 2015. Taxpayers will need to decide – possibly as early as within the next three months – whether to adopt the sweeping changes for fiscal year 2014, based on their specific facts and circumstances. In selected scenarios, the early adoption of the rules could provide important benefits such as the elimination of tax contingencies plus interest and penalties from transactions originated from 2008 through 2012.

EY is dedicated to keeping you informed of the tax changes in Brazil. During this webcast, we will cover highlights of the new tax rules. We will also discuss circumstances where the early adoption of the newly issued tax rules may be beneficial.

Join our panel of EY tax professionals for an interactive discussion and find out what these latest developments will mean to you and your company’s operations. During this live, interactive webcast, you will have the opportunity to ask questions through the website and the panelists will answer as many of your questions as time permits.

This program will be of interest to vice presidents/directors of tax/international tax/transfer pricing/directors of finance, CFOs, international tax managers and tax accountants looking for the latest practical information and guidance on the Brazilian tax environment. We hope you will be able to join us!

 

Panelists:

Gil Mendes

Partner, Ernst & Young Serviços Tributários SP Ltda. – Sao Paulo, the Ernst & Young member firm in Brazil

Gil Mendes is a tax partner in the International Tax Services practice of Ernst & Young Serviços Tributários SP Ltda, which he joined in April 1996.

Gil has a wide range of experience including international tax planning, supply chain restructuring, tax compliance, corporate reorganizations as well as other corporate matters such as value-added tax, customs, taxation of financial investments, local joint ventures, intellectual property, software and transfer pricing. He has assisted a large number of multinational enterprises across a variety of industries, both foreign companies doing business in Brazil and Brazilian companies investing abroad.

Gil received his law degree from the Catholic University of São Paulo, as well as his masters degree in Tax from Fundação Getúlio Vargas – GVLaw.

Ingrid Berner

Senior Manager, Ernst & Young LLP, Latin America Business Center, International Tax Services, New York

Ingrid Berner has a wide range of experience including international tax planning, supply chain restructuring, tax compliance and corporate reorganizations.

She has assisted a large number of multinational enterprises across a variety of industries, both foreign companies doing business in Brazil and Brazilian companies investing abroad.

Ingrid is part of the EY Global Tax Desk Network, currently with Ernst & Young LLP based in New York. She has over 11 years of experience.

Ingrid received her LLB degree from the Mackenzie University, São Paulo (2004). She earned her LLM financial market degree from Insper São Paulo (2004) and her LLM tax law degree from Insper São Paulo (2010).

Moderator:

Alberto Lopez

Partner, Ernst & Young Serviços Tributários SP Ltda. – Sao Paulo, the Ernst & Young member firm in Brazil

Alberto Lopez has over 20 years of experience working with multinational companies operating in Latin America to help them manage their international tax positions. He has extensive experience in the areas of merger and acquisition planning, foreign tax credit planning, repatriation strategy development, foreign holding company structuring and supply chain planning for the region.

He received his law degree from the University of Buenos Aires, whereas his master degree in Law from Duke University USA.

Alberto’s experience covers a broad range of industries, including manufacturing, pharmaceutical, automotive and financial services.