Brazil has published Provisional Measure No. 1.115 of 28 April 2022, which temporarily increases the social contribution on profits (CSLL) rates for financial institutions by 1%. This includes: The 15% rate that applies for the following is increased to 16%: private insurance companies; capitalization companies; distributors of securities; foreign exchange and securities brokers; credit, financing, and investment companies; real estate credit companies; credit card administrators; leasing companies; credit unions; and savings and loan associations; and The 20% rate that applies for banks of any kind is increased to 21%. The increases are effective from 1 August 2022 to 31 December...