Tax Treaty between Brazil and Malaysia Under Negotiation

Brazil's Ministry of Finance has published a joint communiqué between Brazil and Malaysia on the occasion of the official visit of the Brazilian President to Kuala Lumpur. Among other things, the joint communiqué notes that negotiations are ongoing for an income tax treaty that, once concluded, will facilitate business engagement, prevent double taxation and tax evasion, and promote new investments for both countries. The treaty will be the first of its kind between the two countries and mus…