Transfer pricing

Transfer Pricing

Legislation - ORDINANCE

Administrative Ruling no. 563 (December 28th, 2011)


THE MINISTER OF THE BRAZILIAN FINANCE MINISTRY, within his responsibilities, granted by item II, single paragraph, of Article 87 of the Brazilian Federal Constitution, and in view of the provisions of Law no. 11.196 (November 21th, 2005), Article 36, hereby sets forth:

Article 1 - Exceptionally, for the 2011 calendar-year, the following figures could be adjusted by multiplying 1.11 (one and eleven):

I - the exports sales revenue to be compared to the sales receipt of the same goods in the national market, according to article 19 of the Law 9.430, (December 27th, 1996);

II - the export prices practiced by the legal entity with related parties for the effects of comparison to the parameter price calculated through the Cost of Acquisition or Production plus Taxes and Profit (CAP) Method, according disposition of item IV, paragraph 3, article 19 of Law 9430 (1996).

Article 2 - This Normative Ruling goes into effect on the date of its publication.

GUIDO MANTEGA

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