Tax: Rio de Janeiro

About

Provided by Trench Rossi Watanabe

Trench Rossi Watanabe’s Rio de Janeiro tax team has more than 25 years of local experience. The team offers sophisticated tax advice on transactional work and corporate restructuring including multijurisdictional restructuring projects, and have deep knowledge across a range of industries, including Mining, Power, Entertainment and Technology, but most importantly Oil & Gas, where they combine unparalleled sector experience and extensive local tax knowledge to help clients invest and operate soundly in the Rio market.

The Firm’s history in Rio de Janeiro is deeply rooted in the development of the city itself, which is known as the Brazilian energy hub. As a result of the Energy Transition, the team expanded its activities beyond the traditional E&P Companies and their suppliers, assisting companies in the Power sector to navigate the complex Brazilian tax environment.

The Rio team works representing clients before all administrative and judicial tax courts and are regularly involved in a significant number of the country’s highest-profile matters, including landmark cases, and is currently involved in disputes derived from one of the largest operations ever carried out by the Federal Revenue Department. On top of that, they continue to oversee a number of leading cases before the Administrative Court of Appeals (CARF), the Superior Court of Justice (STJ) and the Supreme Court (STF) involving income tax issues (goodwill and transfer pricing), as well as VAT and Customs matters.