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Provisional Measure eliminates income tax of non residents’ financial investments
In brief On September 22, 2022 the Brazilian Federal Government published Provisional Measure (“MP”) No. 1,137 reducing to zero the rate of the Withholding Income Tax (“WHT”) levied over income earned on several financial investments by non-residents investors. The MP will be submitted to the National Congress for analysis and voting. If converted into law, will […]