Brazil Extends Provisional Measure for Temporary Withholding Tax Exemption for Non-Residents on Income from Certain Bonds, Securities, and Investment Funds — Orbitax

Brazil

Brazil has published National Congress Act No. 78 of 2022, which extends the period of validity of Provisional Measure No. 1.137 of 21 September 2022 by an additional 60 days. As previously reported, Provisional Measure No. 1.137 provides a temporary exemption from withholding tax (0% rate) on specified income derived by beneficiaries resident or domiciled abroad (non-residents). Subject to …

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