Brazil's Chamber of Deputies Approves Pending Protocol to Tax Treaty with Argentina

On 7 June 2018, Brazil's Chamber of Deputies (lower house of congress) approved for ratification the pending protocol to the 1980 income tax treaty with Argentina. The protocol, signed 21 July 2017 ({News-2017-10-23/T/3-previous coverage}), is the first to amend the treaty and provides for several changes, including in relation to the treaty provisions resulting from the BEPS project, as well as new withholding tax rates for dividends, interest, and royalties. The protocol will enter into for…