IN 2119/22 – Changes to the Disclosure of the Ultimate Beneficiary Owner procedure with the Brazilian’s Federal Revenue Service
In brief The Brazilian Federal Revenue Service’s Normative Instruction (“IN”) No. 2119, published on December 6, 2022 (“IN 2119”), amended the provisions on the requirements to the General Taxpayer´s Registry (“CNPJ”) under the Brazilian Federal Revenue Service, as well as the provisions related to the Disclosure of Ultimate Beneficial Owner (“UBO”) with the Federal Revenue Service. […]