Thomson Reuters Releases Fifth Edition of Brazil Tax, Law and Business Briefing

Recent changes limit interest deduction for multinational companies operating in Brazil

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May 10, 2010, 03:00 ET

NEW YORK, May 10 /PRNewswire-FirstCall/ -- Thomson Reuters, through its Tax & Accounting business and WorldTrade Executive brand, has recently published the Fifth Edition of its corporate report, Brazil Tax, Law and Business Briefing to assist practitioners with the new thin capital rules and other aspects of doing business in Brazil.

The rule limits the interest that may be deductible by multinationals and raises questions surrounding grandfathering debt and impact on net equity.

Brazil Tax, Law and Business Briefing provides guidance on tax and legal issues investors should consider when evaluating potential acquisitions, creating a business, or entering into a joint venture or strategic alliance in Brazil. Content and guidance is provided by experts at major accounting and law firms in the region, and topics covered include:

How to deal with tax audits and tax litigation
New Accounting Rules for Brazilian companies
Real estate acquisition in Brazil
Tax considerations in planning an acquisition
Tax planning opportunities available in Brazil
Planning opportunities using treaties
Transfer pricing in Brazil
Developments in M&A transactions
The Sao Paulo Exchange: Opportunity for Financing
Infrastructure investments for the Rio Olympics 2016

Thomson Reuters also publishes the authoritative Latin American Law and Business Report, Practical Latin American Tax Strategies and Venture Equity Latin America. More Information on Brazil Tax, Law and Business Briefing is available at http://www.wtexec.com/bratlb.htm.

About Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. For more information, go to http://thomsonreuters.com.

The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Headquartered in New York, Tax & Accounting has major operations in Dallas, Ann Arbor (Michigan), London, Sydney, and Toronto, and offices in nine countries. For more information, go to http://thomsonreuters.com/products_services/taxacct/.

SOURCE Thomson Reuters