On 24 September 2026, Mr. Hu Jinglin, Commissioner of the State Taxation Administration (STA) of China, met with Mr. Robinson Barreirinhas, Secretary of the Brazilian Federal Revenue Service (Receita Federal do Brasil), in Beijing. The meeting focused on deepening bilateral tax cooperation under the framework of the China-Brazil Double Taxation Agreement (DTA) and the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Both sides reviewed progress on automatic exchange of financial account information (AEOI/CFS) and country-by-country reporting (CbCR), and discussed new initiatives for dispute resolution under the Mutual Agreement Procedure (MAP). The meeting occurs against the backdrop of booming China-Brazil trade, which exceeded USD 180 billion in 2025, and the need for tax certainty for multinational enterprises operating in both jurisdictions.
Key Takeaways
- Enhanced Information Exchange: Both countries committed to accelerating the implementation of the Common Reporting Standard (CRS) and expanding the scope of automatic exchange to include crypto-asset reporting frameworks (CARF) as endorsed by the OECD/G20 Inclusive Framework.
- Dispute Resolution Efficiency: The two competent authorities agreed to establish a dedicated MAP liaison team to resolve transfer pricing and permanent establishment disputes within the 24-month target set by the BEPS Action 14 minimum standard. This provides greater certainty for Chinese investors in Brazil and Brazilian investors in China.
- Capacity Building and Technical Assistance: The STA will share its experience in digital tax administration (Golden Tax Phase IV, electronic invoicing) with Brazil, while Brazil will provide insights on its simplified tax regime for small businesses (Simples Nacional) — relevant for Chinese SMEs entering the Brazilian market.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement