Brazil’s Finance Ministry scrapped plans to tax transfers to offshore funds only hours after the announcement of the levy led ...

Brazil's Finance Minister Fernando Haddad speaks during a meeting to announce the submission of a bill to expand income tax ...

An unmistakable sense of deja vu hit Brazil last week when an announcement of measures meant to shore up the nation's budget ...

Business sector representatives in Brazil have jointly released a manifesto calling on the National Congress to overturn a ...

The new fiscal policy, outlined in Decree No. 12,466/2025, raises the IOF rate on cross-border service transactions from 0.38 ...

Brazil’s currency sold off Thursday as the ... remittances and transfers made by offshore funds.

BRASILIA - The Brazilian government wants Congress to pass a bill this week that would tax offshore and closed-end funds, and change an instrument companies use for shareholder payments ...

They can be structured as open-end investment funds, offshore companies, partnerships, or unit trusts. Commonly based in tax-efficient locations ... (e.g., the US or Brazil).

For the second time in six months, a plan designed to assuage investor concerns about President Luiz Inacio Lula da Silva’s ...