Brazil recently passed legislation to enact its first ever offshore voluntary disclosure program (Regime Especial de Regularização Cambial e Tributária – RERCT), which allows taxpayers with undisclosed foreign accounts or assets to come forward and correct their noncompliance issues.
Flavio Rubinstein and Gustavo G. Vettori, partners at Vettori, Rubinstein and Foz Advogados, join Holland & Knight Partners Kevin Packman and William Sherman to discuss the new Brazilian tax amnesty program.
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