Industries and markets

Brazil adjusts its Transfer Pricing to OECD Rules

In order to become a full member of the OECD, Brazil needs to adapt its practices of transfer pricing to OECD standards. For this purpose, a joint project was set up in February 2018, which

Brazil: New ECF Version published

The new ECF version 5.1.4 changes the handling of G/L accounts. Specifically, it corrects the data retrieval of referential accounts when mapping occurs from a G/L account to more than one referential account From now

Lower Airfares in Brazil as of September

“According to the minister, in addition to the arrival of new companies, those already operating in Brazil are expected to increase flight availability.”

Brazil’s Bolsonaro: Make South America Great Again

“Brazilian President Jair Bolsonaro urged his South American colleagues Wednesday to borrow a slogan from Donald Trump and focus on making their own nations great rather than emphasizing regional brotherhood.”

Economists say Pemex plan ignores warnings by agencies and experts

“Analysts predict that there will be a downgrade to the state oil company’s credit rating.”

Brazil Government to Launch “Cheap Energy Shock” in Two Weeks

“On July 8th, Petrobras signed an agreement with the Administrative Council for Economic Defense (Cade) to entirely abandon the natural gas distribution and transportation market by 2021.”

Brazil: New Legislation on Economic Freedom

On April 30, 2019, the Provisional Measure 881/2019 was published aiming at securing more economic freedom for Brazilian entrepreneurs.   What is a Provisional Measure? The Provisional Measure (PM) is an instrument adopted by the

China surges as new major destination for Brazil’s coffee exports

“Brazilian exports of coffee to China rose 23.1 annually during the first five months of 2019, according to a Brazilian Council of Coffee Exporters (Cecafé) report.”

Mercosur expected to announce dropping of roaming charges

“Wednesday’s summit in the Argentine city of Santa Fe will be the first since the signing of the agreement with the European Union (EU).”

Mexico ‘does not agree’ with new US asylum rule

“The measures announced on Monday by the U.S. government aim at ending asylum protections for most migrants who arrive at the U.S.-Mexico border.”