Carlos Nicacio on tax in Brazil | Deloitte Brazil | Video

World Finance interviews Carlos Nicacio, Partner at Deloitte Brazil, on Brazil's complicated business tax code and transfer pricing legislation

March 28, 2012
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Transcript

One of the challenges for businesses in Brazil is how taxes are levied by multiple levels of government, in different ways across its states and municipalities. The country offers many benefits to alleviate its tax burden – but companies can require a larger tax department than in other jurisdictions to navigate the complexities. Deloitte’s Carlos Nicacio outlines the issues, and how Brazil’s transfer pricing legislation differs from the OECD standards.