Brazil and Poland announced this Monday, September 19th, that they have concluded negotiations for an agreement that eliminates double taxation on income and prevents tax evasion.
In addition to providing greater legal certainty for Brazilian and Polish transnational companies, the document strengthens cooperation between the countries’ tax administrations, promotes the exchange of information and best international tax practices.
The agreement is expected to boost bilateral trade and investment.
The signing of the document expands the Brazilian network of agreements to avoid double taxation. Now with Poland, there will be 25 Organization for Economic Cooperation and Development member countries with agreements of this kind signed with Brazil. Relevant fact for the country’s entry as a member of the entity.