Wednesday, February 1, 2023
  • Contact Us
The Caribbean Post
Advertisement
  • Current News
    • Politics
    • Business
  • Tech News
  • Education
  • Entertainment
    • Travel
    • Lifestyle
  • Health
    • Recipes
  • World
    • Antigua
    • Aruba
    • Barbados
    • Barbuda
    • Dominica
    • Dominican Republic
    • Guadeloupe
    • Guyana
    • Haiti
    • Jamaica
    • St Lucia
    • Suriname
    • Tobago
    • Trinidad
No Result
View All Result
The Caribbean Post
  • Current News
    • Politics
    • Business
  • Tech News
  • Education
  • Entertainment
    • Travel
    • Lifestyle
  • Health
    • Recipes
  • World
    • Antigua
    • Aruba
    • Barbados
    • Barbuda
    • Dominica
    • Dominican Republic
    • Guadeloupe
    • Guyana
    • Haiti
    • Jamaica
    • St Lucia
    • Suriname
    • Tobago
    • Trinidad
No Result
View All Result
The Caribbean Post
No Result
View All Result
Home Business

UK – Brazil signs agreement to avoid double taxation

Staff by Staff
November 30, 2022
in Business
0
2
SHARES
12
VIEWS
Share on FacebookShare on Twitter

By Caribbean News Global  Caribbean News Global fav UK - Brazil signs agreement to avoid double taxation

You might also like

Guyana outlines opportunities in construction sector to Jamaican trade mission

Jamaica’s multibillion-dollar shipyard project launched

CARICOM must exploit natural gas resources for energy security, says President Ali

ENGLAND / BRAZIL – The United Kingdom and Brazil signed a Double Taxation Agreement (DTA) on Tuesday, November 29. The Agreement will provide relief from the double taxation of income in both countries.

“It is the most significant development in the trade relationship between the United Kingdom and Brazil in many years and represents a concrete response to demands from business in both countries – exploratory dialogues have been ongoing since 2017.

“Double taxation makes cross-border trade and investment more expensive, as well as creating obstacles for cross-border workers, which is burdensome for both the business sector and for individuals,” says British Embassy Brasilia.

Caribbean News Global uk_brazil UK - Brazil signs agreement to avoid double taxation

The main benefits of the bilateral agreement will be to:

  • Provide tax certainty and predictability to business, facilitating long-term investments;
  • Help tackle tax evasion by providing for the exchange of information between the two countries;
  • Intensify trade and investment between Brazil and the United Kingdom, strengthening the bilateral relationship.

The DTA brings about important benefits for the British and Brazilian economies. It will ensure that United Kingdom and Brazilian businesses encounter fewer economic and administrative burdens when doing business in the other country and reduce the costs of doing so.

“As a result, we anticipate that the Brazilian market will become a more attractive place to invest for the British business community and will also facilitate Brazilian investment in the United Kingdom contributing to job creation, innovation and prosperity,” advised    British Embassy Brasilia. “The link to the full text of the agreement will be included here once it is published on the official page of the British government.”

The British Embassy Brasilia in a press release noted that “this is the most important milestone in the bilateral trade relationship in many years. Before the signing of the DTA, Brazil was one of the only major trading partners of the United Kingdom that had not yet concluded an agreement to avoid double taxation.”

Credit: Source link

Tags: agreementavoidBrazildoublesignstaxation
Previous Post

Gulf countries should maintain reform momentum, despite oil boom

Next Post

What is happening at the next Future of Caribbean Money Event? – Silicon Caribe

Staff

Staff

Related Posts

Business

Guyana outlines opportunities in construction sector to Jamaican trade mission

by Staff
January 26, 2023
Business

Jamaica’s multibillion-dollar shipyard project launched

by Staff
January 25, 2023
Business

CARICOM must exploit natural gas resources for energy security, says President Ali

by Staff
January 24, 2023
Business

St Kitts – Nevis to continue advancing economy

by Staff
January 24, 2023
Business

Nokia – Samsung sign 5G patent license agreement

by Staff
January 23, 2023
Next Post

What is happening at the next Future of Caribbean Money Event? - Silicon Caribe

Recommended

UK – Japan strengthen cooperation in the area of digital government

October 31, 2022

Bet on micro VC funds, entrepreneur-led accelerators, angel syndicates, and communities to shape the future of Caribbean Business and Beyond. – Silicon Caribe

December 5, 2022

Categories

  • Business (464)
  • Current News (259)
  • Education (26)
  • Entertainment (75)
    • Lifestyle (22)
    • Travel (14)
  • Health (249)
    • Recipes (179)
  • Politics (31)
  • Tech News (64)
  • World (3,445)
    • Antigua (28)
    • Aruba (30)
    • Barbados (28)
    • Barbuda (28)
    • Dominica (29)
    • Dominican Republic (29)
    • Guadeloupe (530)
    • Guyana (872)
    • Haiti (28)
    • Jamaica (28)
    • St Lucia (27)
    • Suriname (28)
    • Tobago (877)
    • Trinidad (882)

Don't miss it

Guadeloupe

New year, New Caribbean 600 (sort of) >> Scuttlebutt Sailing News

January 31, 2023
Guyana

Five Guyanese attend world’s largest agri-food expo – News Room Guyana

January 31, 2023
Trinidad

US Waiver Improves Trinidad’s Export Outlook

January 31, 2023
Tobago

Tobago man fined $5,000 for 41 grammes of cocaine

January 31, 2023
Trinidad

This Airline Added More Flights for the Trinidad Carnival from Jamaica, U.S., Canada and Barbados

January 31, 2023
Guyana

Guyana Signs Intelligent Process Automation Contract, Choosing Decisions to Transform Building Permit Applications

January 31, 2023
The Caribbean Post

This is an online news portal that aims to share latest news about Africa, Caribbean and other countries of Africa with respect to business, entertainment, breaking updates and stuff like that. Feel free to get in touch!

Categories

  • Business
  • Current News
  • Education
  • Entertainment
    • Lifestyle
    • Travel
  • Health
    • Recipes
  • Politics
  • Tech News
  • World
    • Antigua
    • Aruba
    • Barbados
    • Barbuda
    • Dominica
    • Dominican Republic
    • Guadeloupe
    • Guyana
    • Haiti
    • Jamaica
    • St Lucia
    • Suriname
    • Tobago
    • Trinidad

Browse by Tag

Barbados Bites Business Caribbean Caribe COVID COVID19 Cup Death development Dominica energy food France French gas global Government Guadeloupe Guyana Guyanas Guyanese Health Immaculate Jamaica Local man Minister National News oil Online police President Room Route Silicon team Tobago Tobagos trade Trinidad weather World year

Recent News

New year, New Caribbean 600 (sort of) >> Scuttlebutt Sailing News

January 31, 2023

Five Guyanese attend world’s largest agri-food expo – News Room Guyana

January 31, 2023

US Waiver Improves Trinidad’s Export Outlook

January 31, 2023

Tobago man fined $5,000 for 41 grammes of cocaine

January 31, 2023

2022© Design by CodingBite | Powered by LuxamaMedia.

No Result
View All Result
  • Current News
    • Politics
    • Business
  • Tech News
  • Education
  • Entertainment
    • Travel
    • Lifestyle
  • Health
    • Recipes
  • World
    • Antigua
    • Aruba
    • Barbados
    • Barbuda
    • Dominica
    • Dominican Republic
    • Guadeloupe
    • Guyana
    • Haiti
    • Jamaica
    • St Lucia
    • Suriname
    • Tobago
    • Trinidad

2022© Design by CodingBite | Powered by LuxamaMedia.