The Tax & Investment policy agenda aims to enhance bilateral investments between Brazil and the United States by means of facilitating cross-border investments and reducing the cost of doing business for foreign companies.
The Council is working on the following agenda:
- Pass tax simplification measures and reform in Brazil.
- Start negotiations towards a bilateral tax treaty.
- Implement the bilateral Memorandum of Cooperation on Infrastructure Development.
- Advocate for continued special financing for Brazil’s infrastructure projects via U.S. EXIM Bank and Development Finance Corporation.
- Advocate for continued measures for the autonomy of Brazilian Central Bank.
- Pass a new and simplified regulatory framework on exchange rates.
- Support Brazil’s efforts to join the WTO Procurement Agreement.
- Support less constraints to Brazilian legislation on foreign rural land acquisitions.
- Secure revision of Brazil’s land transportation freight law and ANTT-related resolutions in line with market friendlier norms, including the adoption of minimum freight prices as a reference to the industry.
- Call for less restrictions on cross-ownership in the Brazilian telecom industry.
- Support Brazil’s full participation in the U.S. Global Entry program.
- Support for the reduction of regulatory barriers to the deployment of telecommunication infrastructure, in particular the harmonization of the local antenna laws to the federal requirements (Federal Antenna Law).