Legislation - Laws

Article 36. The Minister of Finance is hereby authorized to institute, for a certain period, a transfer pricing adjustment mechanism in relation to the provisions set forth in the main section of article 19 of Law no. 9430 of December 27, 1996, as well as to the transfer pricing methodologies applicable to export operations, so as to reduce the impact of the local currency appreciation vis-à-vis other currencies.

Sole paragraph. The Secretary General of the Brazilian Federal Revenue Service may determine that the adjustment mechanism provided for hereunder be applied to the hypotheses referred in article 45 of Law no. 10833 of December 29, 2003.