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:
- Work towards Brazil’s full membership into the OECD and progress towards its instruments and commitments under the accession protocol.
- Support the approval of a wide tax reform that simplifies the Brazilian tax system and takes it closer to international best practices.
- 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.
- Support Brazil’s negotiation with WTO to join the Procurement Agreement.
- Reduce barriers on foreign rural land acquisitions.
- Advocate 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).