Bill proposes introduction of WHT on dividend payments for non-resident investors
On March 18th, 2025, the Federal Government of Brazil presented Bill 1,087 (PL) to the National Congress, which modifies income tax over dividends for non-residents.
Tax Reform Special Coverage
Our Tax Law team has been at the forefront of discussions on this important topic. Explore a curated selection of newsletters, articles, and a special white paper.
Key Trends in Antitrust Enforcement – Brazil (2nd semester – 2024)
Our Antitrust Team presents the most relevant numbers, decisions, advocacy efforts and enforcement trends from CADE in the second semester of 2024.
Brazilian Senate approves the AI Legal Framework
The approved text introduces substantial modifications to the initial draft of the Bill and remains subject to further amendments as deliberations progress in the House of Representatives.
New rules for foreign portfolio investment
On December 3, 2024, the Central Bank of Brazil (“BCB”) and the Brazilian Securities and Exchange Commission (“CVM”) released Joint Resolution No. 13 (“Joint Resolution 13”). This resolution enhances the regulations for foreign portfolio investments in the Brazilian financial and capital markets (“Portfolio Investment”).
ANPD opens consultation on the regulatory project of artificial intelligence and data protection
The National Data Protection Authority (“ANPD”) has initiated a public consultation to gather inputs from society regarding its regulatory project on Artificial Intelligence (“AI”) and data protection, considering the provisions of the Brazilian General Data Protection Law (“LGPD”).
LinkedIn will provide opt-out right related to Generative AI systems training
Recently, LinkedIn announced a significant change regarding the use of personal data of the users of the app. The update in question concerns the interaction between the use of personal data and Artificial Intelligence (“AI”) systems.
Introduction of additional Social Contribution on Net Profit (“CSLL”) rate, in alignment with OECD’s Pillar 2 initiative
On October 3rd, Provisional Measure 1,262 (“MP 1,262”, equivalent to an executive order) was enacted, introducing OECD’s Pillar 2 rules to the Brazilian tax system. Although it still needs to be approved and converted to Law, (if approved) no major changes are expected as it should not deviate from the OOECD’s GloBE rules model.
