On 7 September 2022, Brazil and the UK issued a joint declaration announcing the intention to start negotiating a double tax convention. This announcement came off the back of a number of years of discussion to progress both policy and technical issues – hence the treaty was able to be signed on 29 November 2022, within three months of that announcement. The treaty has not yet entered into force – this will happen upon completion of the legal procedures required by both countries, but it is not yet clear how long this will take.
Alistair J CraigBrowsing
Alistair Craig is a partner in Baker McKenzie's London office where he leads the Transaction Tax team. Before joining the Firm in 2013, Alistair worked in the transaction tax and international tax services groups at Ernst & Young.