Brazil Announces Shutdown of System for Registering Cross-Border Transactions

Brazil's Ministry of Economy has issued a release announcing that the Integrated Foreign Trade System for Services, Intangibles, and Other Transactions that Produce Variations in Equity (Siscoserv) will be shut down, with the necessary changes to be made in the coming weeks. The shutdown of Siscoserv is part of broader efforts to reduce bureaucracy and improve the business environment in Brazi…
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