Brazil and Norway sign agreement to eliminate double taxation
This convention is in line with the Brazilian efforts to update its network of agreements to avoid double taxation concerning income taxes, the prevention of tax evasion and tax avoidance, in line with the standards agreed in the Project on OECD/G20 Tax Base Erosion and Profit Shifting.
Slide 2: Once ratified and enacted, the new convention is expected to strengthen cooperation between both countries’ Tax Administrations through the exchange of information, and the implementation of the best international tax practices, thus generating increased legal security for transnational companies, leading to an increase in trade and investment relations between both countries.
The Tax team is available in case of doubts.