Brazil changes criteria for Tax Havens

The minimum corporate taxation for a country to be considered a Tax Haven by the Brazilian Revenue Service  has been lowered. Now, countries with taxation inferior to 17% will be considered havens (previously, anything lower than 20% would put a jurisdiction in the list).

Standards for transparency and bilateral cooperation, however, have been raised and are now more strict.
*Image from NY Times


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Receita publica norma sobre paraíso fiscal | Valor Econômico