Valor Econômico story discussed a case in which the Federal Administrative Council of Tax Appeals (Carf) understood Income Tax (IRPF) for capital gain should be collected from the family who sold Ypióca – a Brazilian distillery – to the Britain group Diageo, in 2012, through a Brazilian Participation Fund (FIP – Fundos de Investimento em Participações).

Partner Ana Claudia Akie Utumi worked in the case as a counsellor to the seller family. Check out the full article: https://bit.ly/2FJtGMQ