On November 5, 2025, the Brazilian Congress approved Bill No. 1,087/2025, which introduces a 10% withholding tax on dividends paid to individuals and foreign investors. This measure may neutralize tax incentives and affect the profitability of investments in Brazil. The new rules will take effect in January 2026 and bring significant changes to the tax planning of companies and multinational groups.
Our Tax team produced a special newsletter highlighting the main changes and impacts for companies and investments.
Click here to learn more about the new legislation and strategies to mitigate its effects.
