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Brazil publishes Provisional Measure affecting financial and capital markets taxation

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Brazil

  • Provisional Measure No. 1,303/2025, published on 11 June 2025, introduces significant changes to Brazil's taxation framework, including an increase in the withholding tax rate on financial investments, effective 1 January 2026.
  • The capital gains tax on net gains from stock exchanges will also be adjusted, with a new rate of 17.5% for general transactions and 20% for day trading, potentially affecti…

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