#Brazil’s new #ForeignExchange law comes into force. #CreditOperations will need only be registered if they exceed new threshold. #ForeignCompanies with subsidiaries in Brazil may dispatch #royalties abroad beyond what is deductible for #IncomeTax purposes https://brazilian.report/liveblog/2023/01/02/new-foreign-exchange-law/
Brazil's new foreign exchange law comes into force

On December 31, a new Brazilian foreign exchange framework came into force, revoking decades-long capital flow rules.

The Brazilian Report