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V0417-16 ·3 February 2016 ·consulta-vinculante Medium impact
FISCAL

International double taxation deduction with Brazil capped at 20%

A Spanish company asks how to calculate the double taxation deduction for interest earned in Brazil, exempt from Brazilian withholding. The DGT states that, under the Brazil agreement, such interest is deemed to have been taxed at 20% for double taxation purposes.

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2016-02-03PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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